This whole understanding is wrong. There might be some kind of "endgame," but it won't be what is expected. All the FED wiggling has to do with them trying to maintain absolute control. Here's what I mean. All bank loans to everybody including to the government, are not really loans. Rather, they are creations of new money. Repaying these non-loans over the years is simply gifting all repayment money to the FED. But, the FED must hold it in trust for the people (or their families). The way to get it back from the FED is to apply for it (I wish I knew where the application form was.). Since almost nobody ever applies for it back, the FED has all this money, which they invested over the years, and don't have a clue what to do with. If they just gave it back, things would balance, and the problem would go away. But then they would have a bigger problem. Credibility, and execution by angry people.