Thanks to Woodrow Wilson, every US federal reserve note (dollar) in circulation represents a debt owed by the govt of the US to the federal reserve banking system. Therefore, Money = Debt and, hence, Creating money = Creating debt.
That's an interesting claim. You think the US government borrowed the $20 in my wallet from the Fed?
Right. And the government appoints the people who run it, and can disestablish it and cancel the debt anytime it wants to do so. But they don't have to because the Fed is creating money, buying debt and "retiring" it already. About half the bonds the government sells are bought and retired by the Fed. It's just an indirect way of printing money, and Congress can deny doing it.