No impact on what?
Yes, the amount of money in circulation is important, but the idea you can keep creating far more money than the increase in productivity, without consequence, is silly.
On inflation.
Did it for 10+ yrs via QE 2009 to 2019. No significant inflation. Negative interest rates in most of the world.
That was not some individual quirky week or month. That was over 10 yrs.