Money creation can finance development without foreign capital. [fact]
In reality, poor countries can finance their development without reducing their consumption and without relying on foreign capital. If you want to mobilise internal resources, the easiest way to do it is through money creation. Germany and China, two countries that have experienced rapid and spectacular economic progress, eloquently illustrate the power of money creation.
Fanny Pigeaud_ Ndongo Samba Sylla, Africa's Last Colonial Curr…, loc. 142