How will printing money lead to redistributing wealth? The wealthy will still have their properties, their stocks, their personal connections, their education, ... . When the water level rises, all boats will rise together.
That is because if you print exadollars then either the assets rise in value in proportion or beyond a certain point, implode, making the country as a whole poorer. That is because companies can no longer make money. Suppliers demand more anticipating further inflation. You then need to pass it on but may not be able to pass it on fast enough. Cycle builds upon itself.
Pretty soon, your currency is completely devalued and there is a robust underground economy. You run into shortages for essentials and have to introduce price controls. The poor get poorer. The rich get poorer. Good job.
Lebanon. Venezuela.