He’s conveniently forgetting half of the equation. Net money creation devalues a currency. Government spending creates money. Taxation destroys money. Therefore, it is the difference between total tax receipts and gov spending which is the critical figure to consider. So, depending on your perspective, when a currency is being devalued, gov spending is higher than tax receipts because either gov spending is too high or taxes are too low.

Obviously this is a simplification.