A State needs a currency to bring back taxes .... A State needs some taxes to fullfill its missions.
With the concept of "Fractional Reserve Banking", a state can create almost unlimited credits from a small base of tangible assets. Tangible assets are owned by the Elites, and the credits are paid by the others, or the foreigners .... Winning wars is the best way to pay some debts !!!
With the concept of "Outsourced Resources Banking", Not a such problem !!!! The national currency is created from the State ressources and taxes .... The secondary currencies are created to develop sustainable and tangible assets !!!
So, even a country with a low level of resources or taxes, but innovative, could become sucessfull with this methodology !!!
With the concept of "Fractional Reserve Banking", a state can create almost unlimited credits from a small base of tangible assets. Tangible assets are owned by the Elites, and the credits are paid by the others, or the foreigners .... Winning wars is the best way to pay some debts !!!
With the concept of "Outsourced Resources Banking", Not a such problem !!!! The national currency is created from the State ressources and taxes .... The secondary currencies are created to develop sustainable and tangible assets !!!
So, even a country with a low level of resources or taxes, but innovative, could become sucessfull with this methodology !!!
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