This all has to do with the post-COVID crashes that many countries experienced. Their central banks literally flooded the economy with cash. Buying bonds, st

This all has to do with the post-COVID crashes that many countries experienced. Their central banks literally flooded the economy with cash. Buying bonds, stocks, real estate, whatever it took to stabilize markets. This is their "role". Call it "quantitative easing" or whatever fancy term they come up with this week. What it means is devaluing the currency. In this scenario, if you hold assets (houses, stocks, etc) you gain "wealth". If you don't, you are on the short end of the stick. In the US, the Federal Reserve now has to "unwind" this, because they don't exactly want to be holding $8.5 trillion in securities. It's not what they "do". They can take this on the "books" because they have literally unlimited money and can buy anything they want. But at some point, the Fed banks don't want to be in the securities game and have to move them back off the books. Because they can move the markets so dramatically, they will likely turn a profit for the US Government. That will get them closer to the goal of low unemployment and interest rates in check. But at what cost? 2008 was the first time we tried this, and here we go again. Congratulations to everyone who was on the upside of this. Now we wait for the downside.