Inflation is caused by a too few goods for the amount of demand.
Now lets say that the bank lent me some money so that I could purchase a new truck. Why would that be inflatinary? I purchase a truck off the lot, the factory hires another worker and produces another truck. Now if we had a shortage of workers, then employers would have to compete harder and harder for employees, payrolls would increase, and we might would have some cost driven inflation, but at this particular point in time, we don't have a worker shortage.
We aren't likely to have a shortage of workers any time soon either - as we replace more and more workers with more and more technology, we will likely have excess workers forever, also, as long as we are competing in a global economy, companies are able to access more and more workers.