No. The amount of money that is printed or coined is a very small percentage, less than 5%, of the total money in circulation.I thought you were referring to adding billions into the money supply. You are correct on small loans.
The remaining 95% is created by commercial banks as loans. That is most of the money supply is created from nothing as debt!
The money that is created goes back to the banks. The banksters have control over you, your children and grandchildren. The banksters rule the world.