Before revision:  Upon its creation by banks, this kind of " value phantasy " is converted into " real money " often in terms of buyer's debtaccompanied by a simultaneous payment of fiat money to the seller. This money is then multiplied on the money market and is competing against other money supplies for the traded assets, goods and services, where it may cause dilution, inflation and reallocation of resources .
After revision:  Upon its creation by banks, this kind of " value phantasy " is converted into " free" debt, has either to rely on unjustifiable privileges or chance. And any system based on commodity money such as the gold or silver standard instead of fiat money creation is heavily depending on the quantity of commodities, and also incapable of waging or defending against war through the effective monetization of future loot or loss .