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It'll take a while to unwind, no doubt about that.

The Fed currently holds ~$5.8 trillion, but it's long term holdings are about ~$1 trillion in current dollars, so it's holding an addition ~$4.8 trillion above what it normally has since the early 2000s.

In October of 2014, it held ~$3.7 trillion, or ~$2.7 trillion above what it normally holds, so the recent increase to $4.8 trillion above baseline isn't quite an order of (base 2) magnitude increase.

Having said all that, the net worth of households and non-profits in the US is about ~$118 trillion.

https://fred.stlouisfed.org/series/TNWBSHNO




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