Earlier quoted context omitted.
that's not exactly correct given the inflationary nature of printing to "spend into existence." History is filled with crumbled societies printing their own money as mention.
All spending creates new money and all taxation destroys it (at the federal level). Where else does money come from if not the government?
that's a big question, however at a first order, its arguable that no "new" money is necessary. Wealth (not money) is created out of human effort, i.e. labor.