So which is it, Ben: the banks have enough capital to lend but aren’t or they need to hang onto their capital because your QE is an epic fail about to slam us?
This method of pumping (fake) $ into the banks (not printing directly) has never been tried in history at this massive scale. At least monopoly money is paper. This is $2T of.... bits.
The stress test is to test the waters for the fiscal cliff.