{"id":34255,"date":"2018-05-15T05:56:29","date_gmt":"2018-05-15T10:56:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34255"},"modified":"2018-05-15T05:56:29","modified_gmt":"2018-05-15T10:56:29","slug":"switzerland-a-once-in-a-lifetime-chance-to-spreading-positive-banking-news-to-the-world","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34255","title":{"rendered":"Switzerland \u2013 A Once-in-a-Lifetime Chance to spreading Positive Banking News to the World"},"content":{"rendered":"<div class=\"post-title\">\n<h3 class=\"entry-title\"><a href=\"http:\/\/thesaker.is\/switzerland-a-once-in-a-lifetime-chance-to-spreading-positive-banking-news-to-the-world\/\">Switzerland \u2013 A Once-in-a-Lifetime Chance to spreading Positive Banking News to the World<\/a><\/h3>\n<\/div>\n<div class=\"post-content\">\n<p>It\u2019s called \u201c<strong>Vollgeld Initiative<\/strong>\u201d \u2013 in German, meaning more or less \u201cReferendum for Sovereign Money\u201d. What is \u201cSovereign Money\u201d? \u2013 Its money produced only by the Central Bank, by the \u201cSovereign\u201d, the government, represented by its central bank. Money created in accordance with the needs of the economy, as contrasted to the profit and greed motives of the banking oligarchy \u2013 wat it is today; money creation at will, by private banking.<\/p>\n<p>The people of Switzerland are called to vote on 10 June 2018 whether they want to stop the unlimited, unrestrained money-making by the Swiss private banking system, and to return to the \u201colden days\u201d, when money was made and controlled only by the Central Bank; and this not just in Switzerland, but in most countries around the globe. Switzerland is one of the few sovereign countries within the OECD, and possibly worldwide, that has the Right of Referendum written into her Constitution. With 100,000 valid signatures anybody can raise a referendum to amend or abolish a law, or to create a new one. \u2013 This is a huge privilege to Right a Wrong.<\/p>\n<p>Most Swiss and probably most westerners in general don\u2019t even know that the loan or mortgage they get from their bank is no longer backed by the bank\u2019s capital and deposits. How could they? Instead of being told the truth, they are being lied to, even by their own party and politicians. And that in the case of Switzerland, by nobody less than the CEO of the UBS, the largest Swiss bank. Just watch this short video (in German and Italian \u2013 2 min) <a href=\"https:\/\/www.youtube.com\/watch?v=5m5ifQV4aIg\">https:\/\/www.youtube.com\/watch?v=5m5ifQV4aIg<\/a> .<\/p>\n<p>Lying is a felony, hence Mr. Sergio Ermotti, CEO of UBS, should be prosecuted. Unlikely to happen, though. What Mr. Ermotti in essence says in this interview is that loans are backed by deposits. This is directly contradicted by the Swiss National Bank and the German Bundesbank (Central Bank).<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Switzerland \u2013 A Once-in-a-Lifetime Chance to spreading Positive Banking News to the World It\u2019s called \u201cVollgeld Initiative\u201d \u2013 in German, meaning more or less \u201cReferendum for Sovereign Money\u201d. What is \u201cSovereign Money\u201d? \u2013 Its money produced only by the Central Bank, by the \u201cSovereign\u201d, the government, represented by its central bank. Money created in accordance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[122,536,538,2164,19347,672,20115,1555,775,18938],"class_list":["post-34255","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-central-bank","tag-money","tag-money-printing","tag-oecd","tag-peter-koenig","tag-referendum","tag-rollgeld-initiative","tag-swiss-national-bank","tag-switzerland","tag-the-saker-blog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34255"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34255\/revisions"}],"predecessor-version":[{"id":34256,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34255\/revisions\/34256"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}