Should only the central bank be allowed to create money?

AI-generated summary, admin reviewed: This initiative proposed giving the central bank exclusive authority to create money, including the electronic money held in bank accounts. Commercial banks would no longer create new money when issuing loans and could lend only money obtained from savings or from the central bank. Newly created central-bank money could be distributed without debt to government authorities or the public. Supporters argued that this would make bank deposits safer, reduce financial crises and ensure that the benefits of money creation went to society. Opponents warned that it was an untested and risky reform that could restrict credit and expose the central bank to political pressure. Swiss voters rejected the initiative.
Seed source: Swissvotes federal popular vote dataset.
Swissvotes page: https://swissvotes.ch/vote/618.00
Official result data: https://bk.admin.ch/de/details-volksinitiativen?voteNumber=618
Vote date: 2018-06-10
Original Swissvotes English title: «Sovereign Money Initiative»
Original German title: Vollgeld-Initiative
Swissvotes short-description title: Das Schweizer Geldsystem bleibt, wie es ist
Original French title: Initiative Monnaie pleine
Official English explanatory information: https://web.archive.org/web/20180518144823/https://www.admin.ch/gov/en/start/documentation/votes/20180610/Sovereign-Money-Initiative.html
Official German explanatory information: https://web.archive.org/web/20180504121644/https://www.admin.ch/gov/de/start/dokumentation/abstimmungen/20180610/VollgeldInitiative.html
Official French explanatory information: https://web.archive.org/web/20180527184528/https://www.admin.ch/gov/fr/accueil/documentation/votations/20180610/initiative-monnaie-pleine.html
Année Politique Suisse description: https://anneepolitique.swiss/prozesse/55233
easyvote explainer video (German): https://www.youtube.com/watch?v=ZHgcMFMLlF8
easyvote explainer video (French): https://www.youtube.com/watch?v=Lks6_YFSSKg
BFS result map (German): https://mapexplorer.bfs.admin.ch/?obs=politic&lang=de#c=indicator&i=vp20180610.prop_oui_618_0
BFS result map (French): https://mapexplorer.bfs.admin.ch/?obs=politic&lang=fr#c=indicator&i=vp20180610.prop_oui_618_0
Official chronology (French): https://bk.admin.ch/fr/details-initiatives-populaires?voteNumber=618