After the economic meltdown of 2008, Iceland has impressed the world with their willingness to hold bankers legally accountable for their role in the collapse.
Inspired by Iceland’s progress, activists in Switzerland are now making an important stand against the banking cartels and have successfully petitioned to bring an initiative to public referendum that would attack the private banks where it matters most: their power to lend money they don’t actually have, and to create money out of thin air.
“Switzerland will hold a referendum to decide whether to ban commercial banks from creating money.
The Swiss federal government confirmed on Thursday that it would hold a plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the financial system.
The campaign – led by the Swiss Sovereign Money movement and known as the Vollgeld initiative – is designed to limit financial speculation by requiring private banks to hold 100pc reserves against their deposits.” [The Telegraph]
Iceland’s bold strategy has won it favor across political lines. While the U.S. seems unwilling to take the banks to court, governments around the world seem fed up with the stranglehold big banks have on their local economies.
Source: Activist Post
Wish I could read your miniscule font…
It’s also the rape capital of the world.
Good they have to the money back to African because their leaders put the money there to make them richer and let the poor suffer , the money need to given back to African to build it back , they think is joke matter for judgment coming on earth , Jesus say is finish , he mean it ,
All you have to do is get a copy of the documentary “2016 Obama’s America” which warned everyone what someone named “Barack Hussein” had in mind to bring what he called an “Arrogant America” to its knees and he still has MONTHS to go to kill and destroy more of us.
I saw that… and would recommend it to everybody… Swiss bank accounts used to be private until Obama started strong-arming them to report on accounts of American citizens… this can be the first step for them to reassert their sovereignty
Keeping the CROOKS away