Money supply has little to do with inflation. You can print like crazy and have about 0 inflation (a decade before Covid) or you can raise rates and have huge inflation. It's because inflation happens when supply of goods is limited. Covid messed up the supply chain -> inflation happened.
Some printing may even lower prices because it allows production at scale to happen.
If you just print and just helicopter money you will have some inflation but this doesn't happen at scale significant enough to matter in any civilized country.
