Yes… but, governments don’t actually create money in our current monetary system. The private banks create money when they make loans. So the “financial warfare and colonisation” is not directly between states.
So, until we have a sovereign money system where governments truly create money (rather than having to borrow it on the financial markets), states can’t actually print money and inflate themselves out of trouble, they can only shift the growing mountain of debt around until it falls on the weakest.
Or have I missed something?