I do not mean to confuse the issue.....but let's put this a different way......
This particularly relates to third world countries.....
And one way to look at a country's valuation is to consider what the local productivity contributes....and to also consider how the country can retain what wealth it produces .....so that maybe one day, people could actually start saving money in local banks....thus enabling the local multiplier of money to assist in faster growth.....
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The country does not have much industry and imports 100% of its energy needs.....
Since there is not much credit given out to date because of the third world type climate, the country just somehow stumbles along....
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Brazil visits the country, and agrees to show it how to produce ethanol from sugar cane, and also agrees to start initially with ethanol fuel blends .....and also agrees to start producing cars that run on 100% ethanol within the country thereby creating much wanted jobs.....
The government agrees not to tax these cars in any way....and not to tax the fuel in anyway....until the fleet of the country is 100% ethanol......
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The country changes over a 10 year period to being energy independent, which also stabilizes the country in that it used to spend 25% of its GDP on energy imports whereby the money simply left the country......
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Because of the country's decision to retain its wealth with respect to energy costs, the country was lifted from being third world, and began to move forward economically......
Had this country not had this opportunity, it would still be in third world status....
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If developed countries like the US can simply retain and not export its wealth....the multiplier effect of the retained currency could have a profound impact, because it already has a sophisticated banking system which levers its currency from 10 to 30 times.....
Thus when $700 billion is retained......several $Trillion is made available....
Thus the importance of money and its role in the stabilization of a sophisticated levered system is paramount......