Unsurprisingly, even swiss peasants are clueless about how banking actually works. Here’s a bankster mouthpiece on the election outcome:
Swiss Voters Reject Radical Sovereign Money Plan in Landslide
Swiss voters dismissed a radical proposal to overturn one of the financial system’s core tenets.
The so-called sovereign money initiative, or “Vollgeld,” would have ended the system of fractional reserve banking that’s been around for centuries by allowing only the Swiss National Bank to “create” money. But 75.7 percent of voters rejected the measure, according to the government….