Mike the Usurper wrote:
Well it may not have much of a role in monetary policy, but as we're seeing, it has enormous economic impacts, and appears to be where all that growth went, since it obviously didn't go into the pocket of anyone in the bottom half of US households.

Are we sure? It would be interesting to know. I speculated in my version of this post that the growth may have gone overseas.

RE: Charting various aspects of life of last 8 years