The chart below summarizes the "unprecedented" balance sheet and income statement "stress" that the Fed envisions would occur in its draconian "Adverse Case." Ok, we give up: we seriously don't get the joke here. Can someone please explain?
Via Table A1 Page 37 (here) [2]
[3]
and the tabular version - the red and green arrows show the actual downturns before things start to improve...
[4]
Finally, what happens in the "Adverse" case when the Fed stops printing money?