This is false and understanding why it’s false is important in order for us to be able to do the right choices which allow us to both keep inflation in check and avoid pointless deep recessions or depressions. You can find a decent overview here. Creating money (multiple ways, check video) is required for a growing economy to keep prices stable (inflation close to 0). This isn’t new either. It was done even in ancient Greece with silver as it is easy to see the need for it once you have all the variables in front of you. The problem isn’t with money creation per se, it’s with the amount but most importantly its distribution. Where does it go. Does it go towards the creation of an additional bag of chip which we have little real constraint to do, or does it go towards a house in an area where there’s bidding wars for houses and no new houses can be built.