What you appear to be saying is that if I lend you $20 at 10% interest, the fact that you have to either eventually pay me back $22 or default on our agreement

What you appear to be saying is that if I lend you $20 at 10% interest, the fact that you have to either eventually pay me back $22 or default on our agreement means that I have somehow created that $2. Can you please clarify either how that is different from what you are saying, or if that is what you are saying, how it makes any sense at all?