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Answer:
The sentence that does not use exaggeration to create a comic effect is: "It kills me to think that while these poor people were suffering all those years from the lack of a loony, I was putting numbers on documents, kowtowing when I entered the director's office, and wasting all that time for a mere thousand lira a month."
This sentence does not employ exaggeration to create a humorous effect. Instead, it conveys a sense of regret and frustration regarding the narrator's past actions. The other sentences in the passage use exaggeration to create a comic effect, such as describing the narrator wearing a frying pan as a guitar, kids spreading his fame throughout the town, and his audacious behavior in the mayor's office. These exaggerated descriptions add humor and emphasize the playful tone of the story.