A crucial element, possibly the main pillar of the boom-bust cycle that central banks are trying to steer, is the labor market. Breaking it, and we are on the verge of a massive increase in unemployment if we follow past cycles, is the main goal of the interest rate hike cycle, in order to recapture the inflation once initiated and provoked by money printing.
You simply destroy the consumer, having previously driven him into credit for years during the downward manipulation of interest rates, and thus achieve the desired negative demand effect. A very humanistic approach, in my opinion, but it is the reality within the central bank robbery scheme that those who understand this cycle or have an information advantage, like all the American congressmen who speculate wildly on the stock market, know how to exploit. If these parasites withdraw from the market, absolute caution is required!