Please find you source of this. I have repeated enough where prices and the value of a currency comes from for you to at least know what to attribute to me. Quite the opposite. If you count secs as money, deficit spending is the direct addition of money to the system. You've got that all mixed up.
Loans create deposits.
That's how money grows. Presumably the loan is to buy something, and the deficit spending is to buy something. Buying is the source of price pressure. Money begins with the loan. That is straight pkt.