Speakers Dirk Niepelt and Ron Rimkus, CFA, discuss the Vollgeld Initiative, which has prompted a national referendum in Switzerland calling for an end to fractional reserve banking. The speakers will address the following questions:How does the Vollgeld Initiative work and what will it look like if implemented?How might it impact the economy? What will happen to the value of the Swiss franc?What are the implications for the banking system? Will there be second or third order effects? This is an archived recording of a live broadcast that took place on 21 June 2016.