The value of the Dollar has actually gone up quite steeply recently. Even though this seems to have been driven by quite peculiar logic…
Printing large amounts of money could lead to hyper inflation which isn’t a very thrilling prospect. This is not to say that the US can’t take on more debt. The problem is that Paulson seems to be a complete and utter idiot with no grip on the situation. Obama should replace him straight away and also replace all the loyalists Paulson may have established somewhere further down the chain of command. Thanks to Paulson the markets fell by another 5% and he injected a great deal of insecurity by retroactively changing the terms of the bailout package. We know what to think of retroactive term changes eh?