by rooster on March 8th, 2009

rooster

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Surley the u.s. economy must be bankrupt by now given the huge debts and expenses...the treasury must be empty..my question: how come the value of the dollar is going up..could it be there is more money available.. are they printing more?

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Answers. 4 helpful answers below.

  • by lol_chick on March 8th, 2009

    lol_chick

    printing more money doesn't increase or economy, it just causes inflation and decreases the amount of the dollar.
    I think since more people are just letting the stock market ride itself out, and not pulling their money out it is helping. People that are buying stocks are also helping the dollar.
    It also has to do with imports, exports, and loans

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  • by goodbyebag on March 9th, 2009

    goodbyebag

    yes, they print money without resources (other than our labor) and sell the treasury bonds (our labor) to china.

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  • by Cowboy-Matter of Fact on March 9th, 2009

    Cowboy-Matter of Fact

    The Treasury Dept. is printing money as fast as it can. This will result in inflation and a devaluation of the dollar, there is just a lag time. The amount of debt and defict spending the Obama administration has planned, coupled with the massive printing of money will result in a huge deflation of American currency and a stagnant economy, also know as stagflation. If Obama has his way get familiar with the term "misery index". You will be hearing it a lot.

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  • by Henderson on March 9th, 2009

    Henderson

    probably due to the stimulus package.

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Us dollar bankruptcy