Modern monetary theory says that printing money doesn’t create inflation, scarcity of goods and services does. That is why new fiat currency into the economy has to be tied to the gdp somehow.
That is why guaranteed income is Bad. The economy can’t give currency to people for producing nothing. This will create shortages and prices will skyrocket
We have really only seen inflation since getting off the gold standard even though I don’t believe in it. I’m a believer in a well managed fiat economy with equitable lending policies as it gives poor people a chance to climb the ladder. Reasonable, managed inflation is good for the economy IMO.