The reasons for Disney's success are quite a lot, but ultimately the credit belongs to one person—the man who created the cartoon and built the company from nothing, Walt Disney.

So new money, or I should say new "virtual money" because it only "materializes" in bank-accounting-book entries, is constantly created through this process of artificial credit expansion.

The money created through credit expansions is used by entrepreneurs to demand factors of production, which they employ mainly in capital-goods industries more distant from consumption.