By definition, inflation should be affected by the increase of the money supply. During the pandemic, there have been numerous huge monetary policies executed, e.g., quantitative easing (QE), injection liquidity into the market by increasing the monetary base.
A lot of people say that this will lead to inflation and you have to save your wealth into rather deflationary assets, like gold or bitcoin. However, a lot of economist argue that the picture is way more complex than this. For instance, a supply shock should lead to inflation, but high unemployment should keep it down.
Even if inflation would not be significant in the short term, or significantly higher than the target inflation, why wouldn't there be a huge inflation in the short to mid term?
I know once the economy is healthier, central banks can raise interest rates, and that would slow down the economy and would cause deflation. But, still, this kind of huge money printing could only be cured by very radical interest rate increases, which may not happen at all.