Depends on how much you print, and what happens with supply as you do so. Some countries (eg. Japan) are struggling to
increase inflation, so this seems like a straightforward policy. At the same time it can solve the problem of weak consumer demand: productive factories making desirable goods that citizens nonetheless feel too poor to buy, causing those factories to shut down, resulting in the country getting poorer in real terms. After all, "demand" is desirability times spending power: if spending power is low in your target market, then demand is low, even when your products are desirable.
Putting money in the hands of the largest number of people works well with production economies of scale. For the same total quantity of money, having it concentrated in a few hands means your society is incentivized to produce a few yachts and private jets, and too low on the quantity curve for economies of scale to make that production efficient. When that same money is distributed, the incentives are to produce large quantities of vacuum cleaners and washing machines, where mass production is very efficient, so total utility can be higher.