The Fed will keep raising rates, but the reserve requirements for banks is at 0% since 2020, which means even people put money into savings, the bank can loan 1

The Fed will keep raising rates, but the reserve requirements for banks is at 0% since 2020, which means even people put money into savings, the bank can loan 100% of their deposits out. Oversimplified example: So if I deposit $100, and the bank loans my money to someone who buys a car, and then the car company workers deposit their paychecks of, lets say, $100 in turn is re-lent out.. how is this not printing money and creating a deck of cards? (for the record, Japan's banking reserve requirement is 0% as well. As the article points out, no one is borrowing, but here companies and consumers are swimming in debt)