Does it have fixed supply like 21M BTC?
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no, it opts for an unlimited supply with the restriction of 0.6 new Monero for every new block. its about 432 new coins per day forever. the current inflation rate is ~0.85% and will continue to drop in the future as those 432 new coins per day make up less and less of the total supply. at 18.4 million coins (where we are now) inflation is 0.85696%. at 20 million that will be 0.7883%, at 25 million it will be 0.63072%, and so on. it will never hit absolute zero but will come close enough to be totally insignificant. the reason for this is to replace lost coins from key mismanagement, etc.
It has less than bitcoin right now, and will have less than bitcoin until the year 2040.
It started with less, it does pay the miners a very tiny tail emission to keep the miners going. A very tiny amount.
It's not unlimited. Humans will not be around forever. A 21M hardcap will only get young people to resent it like people resent people with multiple investment properties now. Bitcoins high fees and traceability makes it unviable as a transaction protocol with hostile internet and banking regulation