Not really. It's not magical money that just appears.

It's redistributed money.

Things may increase in price, not because of greed, but because supply and demand jumped dramatically. Think of all the people who now have money to buy random things like treats or toys.

That's not a bad thing! Suddenly, companies need to hire more people to increase supply, because people have resources to spend.

Expensive stuff still exists. No matter what. But the bare minimum quality of life increases dramatically.