The capital of a state is calculated not merely as the sum of cash and of other real or liquid assets available to it; even less so as the sum of what is left over after subtracting passive from active assets; for the capital rather, even if its active and passive accounts nullify each other, remains, first, positive capital, as +a a a and, second, since it is passive in a variety of ways, by being lent many times over, it is thereby a resource many times over.