One

understands financial resources under financial resources in the financial statements of assets and liabilities of the German Federal Bank the sum of all demands (gross financial resources). If one decreases the gross financial resources by the sum of all commitments, one receives the net financial resources.

Notes are thereby a “demand” to the central bank, which spent these notes. The note circulation appears to the central bank ( in the European Union the EZB ) in the balance as commitment. Coins against it do not justify a demand on the central bank.

The net financial resources of the world are definition equal to zero, since each demand stands in relation to commitment. Also the net financial resources for instance the national economy can be smaller FRG than the net financial resources of the private households in the FRG, because the demands of the private households adjust themselves with the appropriate commitments for example the enterprises or the State of (national indebtedness) with the summation for the national economy FRG altogether mutually.