Saturday, November 30, 2013

Bond-Buying Spree: Wall Street 'Feasts' While Americans Lose


The holiday shopping season has kicked off in the U.S. and many retailers have even broken tradition by pushing their opening hours into Thanksgiving night, instead of waiting for the official start of Black Friday. Exactly five years ago the Federal reserve announced its own unprecedented shopping spree, but it's hardly been helping America's economy. RT's Marina Portnaya met one of those behind the experiment, who thinks it was a big mistake.