Central banks have experience with past crisis, banks (should)have their true and tested criteria to hand out debt, people and corporations do not meet those cr

Central banks have experience with past crisis, banks (should)have their true and tested criteria to hand out debt, people and corporations do not meet those criteria, hence the banks did not hand out more debt. You can make the argument that banks used those central banks loans to finance/arbitrage dodgy financial schemes. But the answer is to stop enabling banks to do those things, not to give money creation control to politicians who have absolutely no financial knowledge. Politicians should just spend the tax money they have, or to take more debt themselves if public debt is serviceable, not to mess with the criteria banks have to hand out more debt. We have strict Central Banks laws and autonomy precisely so politicians won't make disastrous financial decisions according to their ineptitude. Politicians messing with money creation is a recipe for disaster since ancient times.