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Tag: Switzerland

Castel of La Sarraz

Castel of La Sarraz

Built on a rocky spur, the Castle of La Sarraz was built in 1049. Unlike most other castles, it has always been the residence of the barons of La Sarraz and never changed hands until the death of the last chatelaine in 1948. This particularity makes its interest and its richness: it has kept the character of an inhabited residence and the objects which it shelters were acquired during the years.

If you want to see inside

 

 

More information https://chateau-lasarraz.ch/

Samnauen part 1

Samnauen part 1

Samnauen is at the far east of Switzerland. If Switzerland looks like an yes, Geneva is at the left corner Samnauen is at the right corner near Austria. It is a free zone. You have duty free shops because in the past there was no road to go there from Switzerland.

Samnauen valley
A typical chalet
manual tools
mountain vehicle
Cable car
Tunnel in Austria
view from Austria to Switzerland
Referendum of Sovereign Money in Switzerland

Referendum of Sovereign Money in Switzerland

On 10th June 2018 Switzerland will be the first country in the world to have a national referendum on the introduction of Sovereign Money.

The sovereing money is a reform to the banking system that would remove the ability of banks to create money, in the form of bank deposits, when they make loans. It would transfer the ability to create new money exclusively to the state, creating what we have termed a ‘sovereign money’ system.

Sovereign money is issued by a state authority, in Europe a national bank, or the European Central Bank (ECB). Today, sovereign money exists in the form of cash (coins and banknotes) and non-cash central-bank money, called reserves. Such reserves, however, circulate on bank accounts with the central bank only, not on customer current accounts with banks.

Supporters of the initiative, known as the “Vollgeld” or the Sovereign Money Initiative (SMI), say approving the measure would make the financial system safer by preventing bankers from recklessly lending and putting people’s savings at risk — again.

That’s because the change would make it much harder for commercial banks to extend credit, effectively creating cash. Instead, the Swiss National Bank (SNB) would become the monopoly provider of Swiss francs.

However, opinion polls indicate SMI will not receive enough votes to pass. Around two-thirds of the Swiss electorate is expected to vote against the plan, which SNB Governor Thomas Jordan has described as a “dangerous cocktail.”

 

Personaly I voted Yes

Morges

Morges

 

Morges is situated in the western part of Switzerland between Lausanne and Geneva. The city was build by Louis de Savoie in 1286.

The castle in the south of the town square was built with a square floor plan and four round corner towers. It resembles the castle of Yverdon, which may have served as a model for Morges Castle.

 

On of the beautiful place to walk is the lake promenade. You can see the Mont Blanc

The city’s annual Tulip Festival celebrates the return of spring with 100,000 tulips in beds remarkable for their colour, in the 30,000m2 of the Parc de l’Indépendance.