The major point about coins and paper money created by the government is that this money is created debt-free, and spent into the economy by the government. This is an effective way of doing this, and it will last a long time, so it is therefore important to recognize exactly how the government manages to spend debt-free money into the economy. Coins and notes are minted and printed by the government at no cost, apart from that of materials. Of course, governments have no particular need of these coins and notes; banks are the institutions requiring a supply of cash. The government therefore sells the coins and notes that it creates to banks, which pay by check, and the government acquires the face value of those coins and notes in number-money. The sum of money which the government obtains, and which is debt-free so far as the government is concerned, is then added to whatever taxation revenue has been raised to fund the public sector. Thus, coins and notes are created by the government, and an amount equivalent to the face value of those coins and notes is spent into the economy as a direct, debt-free input.