Can money creation alleviate a social crisis?

In the short term, money creation can definitely reduce a social crisis: fiscal deficit monetisation by central banks allows fiscal policy to b e highly expansionary without governments facing financing problems and without interest rates rising. In 2020, this has made it possible to support companies, finance short-time working schemes, pay household income support, etc. But in the medium term, rapid growth in the quantity of money leads to rapid growth in asset prices, in particular real estate prices. This has disastrous social effects, by driving up housing costs and eroding the purchasing power of low- to middle-income households. This is a clear argument to restrict fiscal deficit monetisation to cyclical fiscal deficits in times of recession and not to monetise other fiscal deficits , in order to curb upward pressure on asset prices.