
© Thomas Hode/Reuters
Swiss franc coins are seen in a cash drawer.
When Iceland jailed its bankers something changed. The unthinkable had happened: the real criminals had been held to account.
Now Switzerland is also threatening to go off the fiat-bankster reservation. But will it happen?
Josiah Stamp once said: "
If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit."
Stamp knew whereof he spoke. Among his achievements, he was appointed a director of the Bank of England in 1928. All so-called modern, civilized countries are under the boot of the very mechanism Stamp described. Very few countries managed to achieve highly developed societies without it, such as Libya, Iraq and Syria.
Those countries all have something else in common. Whatever can it be?
However, other countries which have yet to become targets for unprovoked genocide at the hands of US agencies are waking up and smelling the pinstriped tyranny.
Switzerland, for example: hardly a place traditionally associated with wild-eyed fanaticism, Switzerland is set to vote on banning banks from creating money.
The English play football, drink beer and beat each other up in town centers in the evenings. The French pout and shrug and make simple things take a long time and cost a lot. The Swiss provide money a safe, boring place where nothing dramatic will happen to it, so that it may then be passed on to the next generation of rich people - preferably in an amount greater than was received - by this generation of rich people.
So money is at the heart of what Switzerland does. Switzerland is also home to the Bank of International Settlements, which - while it sounds as exciting as double-entry bookkeeping - is, in fact, the spider at the center of the entire financial web.
In an article entitled "Switzerland to vote on banning banks from creating money" the
Telegraph reports:
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.
This sounds incredibly dull, doesn't it? But the idea behind it is what revolutions are made of.
Comment: See also: 2015: The year Russia exposed Western barbarism