The Federal Government of Switzerland has adopted a negative opinion on the citizens' initiative proposing to prohibit money creation by private banks.
The Swiss population will be the first in the world to vote on their banking and monetary system after a citizens' initiative collects 105,000 signatures.
Following a successful citizens' initiative on monetary reform, a preliminary hearing was held a the Dutch Parliament.
Members of the Icelandic Parliament have submitted a motion to review Iceland’s monetary system and look at alternative monetary systems.
“Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic Affairs.