Current inflation is mostly supply-side driven. Having said that, M2's biggest jump in its history was in early 2020 (see https://fred.stlouisfed.org/series/M2S

Current inflation is mostly supply-side driven. Having said that, M2's biggest jump in its history was in early 2020 (see https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL). Its slope before and after is more or less the same. However, I don't think inflation will lag it by more than a year.