how to create table partitions programmatically (with a loop)

partitions.md

Loop to create partitions does not work b/c a "CREATE TABLE" statement cannot be a prepared statement (laaaame).

do $$
declare
counter integer := 0;
begin
while counter <= 500 loop
    PREPARE create_table(int) AS
    CREATE TABLE mbk_auth_method_$1 PARTITION OF mbk_auth_method FOR VALUES WITH (modulus 500, remainder $1);
    EXECUTE create_table (counter);
    counter := counter + 1;
end loop;
end$$;

the above will yield a syntax error:

 syntax error at or near "CREATE"
LINE 7:     CREATE TABLE mbk_auth_method_$1 PARTITION OF mbk_auth_me...