If my post on why fiat is a Ponzi is tldr for you, all you need to know is this:

Central banks do not create 90% of the new fiat money.

Private banks do that by creating new debt from thin air.

All new debt is just numbers in a database. It isn't backed by reserves or loaned from any real assets. It is created when you "borrow" it.

Deposits don't create loans. Loans create deposits.

The entire fiat system is dependent on perpetual debt.

If there was no new debt there would be no new fiat.

This includes everything from loans and mortgages from plebs to big business loans to government debt.

Yes, government debt creates new money. The higher the deficit the more $$$ created by private banks.

Fiat = debt.

Fiat cannot exist without debt.