We agree. But note that this is in the context of the following exchange:

  >> they don't have the right to print money the way a central bank does.
  > Yes, they do.

Where the response ignores that that limit exists (may not be relevant in practice but it is in theory: a commercial bank can only give the loans that it can support with its existing reserves or those it may have access to, while for a central bank sky is the limit).