Cant worry about the inflation yet.
As a doctor, you have to worry about saving the patient first, then you treat the cold.
Right now as far as things go, we are in a slight deflationary state. As people are willing to accept a negative yield from US tbills, and oil not shooting up into $200 any time soon.
But yes, down the line, it can be an issue, but guess what, all the fed has to do is start taking money out of the money supply and it will start cutting inflation.
Besides, inflation is great for one thing... the stock market.