Finanz und Wirtschaft, June 20, 2012. PDF. Ökonomenstimme, June 22, 2012. HTML.

• Changes in bank regulation reflect changed views about whether banks contribute to the social good. Those views have become less favourable.
• In Switzerland, bank secrecy is no longer defended because the perceived cost to the general public exceeds the benefits to the banks.
• Similar doubts start to arise regarding money creation by banks. A proposal to shift to a 100% money regime offers some advantages.