Sure a fractional reserve messes with inflation, but the whole purpose of the Federal Reserve is to regulate that inflation through OMO, the discount window, etc. It doesn't add on to that, it's supposed to regulate that. They are supposed to balance each other when working properly, not go with each other to increase inflation.
The rest of what you said really makes little sense. Do you even know what you're talking about or just repeating what your macro professor said?
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