After Nearly Tripling the Money Supply After the Housing Market

After nearly tripling the money supply after the housing market crash and subsequent financial crisis, inflation:

A) began to spiral out of control, due to the newfound solvency of banks, increasing lending and thus the money multiplier effect.
B) continued to fall, due to the lack of consumer confidence in the market, decreasing the marginal propensity to consume.
C) stayed relatively low, due to the lack of lending by banks, reducing the effectiveness of the money multiplier.
D) has slowly increased, due to restored consumer confidence in the market, increasing the marginal propensity to consume.