Over 75% of voters rejected the "sovereign money" proposal in a referendum on Sunday, according to provisional results published by the government. The initiative would have prohibited commercial banks from lending more money than they had in deposits, leaving the country's central bank the only source of new money.

More info in the article
http://money.cnn.com/2018/06/10/investing/switzerland-sovereign-money-referendum-rejected/index.html

My thoughts on this news

This is interesting info, not sure why the Swiss people would vote against this. Basically what this law would do is only allow Swiss banks to lend out money that they had in deposits. Instead of a fractional reserve system where most banks create debt out of thin air and lend it out to people and are only required to have 10% of that money in deposit. When banks create too much debt then it can lead to a crash similar to what we saw in 2008. If this law had passed only the central bank would have been allowed to create new debt/money... So the funny money printing continues as we slowly move towards hyper inflation while the rich keep getting richer...