2018 Swiss sovereign-money initiative

The Swiss sovereign money initiative of June 2018, also known as Vollgeld, was a citizens' (popular) initiative in Switzerland intended to give the Swiss National Bank the sole authority to create money.

Swiss referendum of June 2018
on money creation
("Sovereign Money Initiative")
10 June 2018
Do you accept the popular initiative "for crisis-safe money: money creation by the National Bank only! (Sovereign Money Initiative)"?
WebsiteOfficial announcement
Results
Choice
 Votes  %
Yes 442,387 24.28%
No 1,379,448 75.72%
Yes
 
 24.28%
No
 
 75.72%
Blank
 
 1.8%
Null
 
 0.4%

On 10 June 2018, the initiative was defeated in the vote, with 76% per cent of voters rejecting it.

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