How it would work for a State ?

Nowadays,  Western States  need help from  private bankers as well as they need support from  politicians ….  Private bankers create money out of nothing and with that, help politicians be elected with social programs paid by money that doesn’t even exist …. Fractional reserve banking is a massive robbery !!!

How it would work for a State using "outsourced resources banking" ?? To be honest, no very different ..

Cash (banknotes and coins) will remain rare in circulation and a type of private banks would create exchanges and new wealth, by managing local assets and creating ad hoc  units of accounts… Once the wealth created, it would have a value in the national currency !!!! and could be included in the national production. 

Instead of creating money by the word "consumption" , they could create money by the word "project".