We addressed that in our original replies. Creating new money does not create new capital. Government spending transfer capital away from “goods” (cars) towards waste (tanks).
Does a counterfitter create new capital when he forges bills? No, he simply transfer existent wealth to himself. If new money created corresponding new wealth, there would be no reason to ban counterfitting, an unlimited supply of money would mean an unlimited supply of wealth.
Money is not wealth, it is a medium exchange. Money is used in the exchange of wealth between people. All creating new money does then is effect the distribution of wealth, transferring it away from the public and to the government. Everything the government gains is lost by the private sector.
Government spending is actually even more sinister than taxing. If the government uses taxes to redistribute wealth from one person to another (rob Peter to pay Paul) then one person loses while the other gains ( a zero sum game) But if the government spends itself its not merely distorting distribution, its taking out of the economy, shrinking it (a net loss).