Is There a Supply or Demand Issue?

People who get the money first in loans, before the inflation really hits, are ones who benefit. And that comes off the back of everyone else who now has more difficulty affording things. So for example, when the federal government started guaranteeing student loans, colleges started raising their prices even though new money wasn't actually created. It's not a supply or demand issue. I think what we have to do is just shift the incentives and consider the incentives before implementing any kind of policy.