Did the Fed do it?

This, cause a  long term decline in the yield curve consistent with declining real growth. Does the Fed follow or lead? Brad vs FamaBot discuss it. Well, sort of. If the Fed enabled a bunch of idiotic investments by G that caused a Black Hole in Sacramento, then yes.
But here it the catch, the giggle. laugh and riot. The way to determine the guilty party is to look at Brad's resume, its right up there, the 90s, when real growth was stable. Tells us, Brad, how the Fed snookered you into eight years of national sanity? Better advice for Brad. Write a book, 'How We Did It'. It would be a best seller, the treasury from the insider's view during the Clinton Bull run.