Quantitative easing best to free up credit

The strengthening of the US dollar against most other major world currencies in the past couple of months has been one of the least understood phenomena of the global financial crisis.

As the crisis continues to worsen, it is difficult to identify the economic fundamentals to support a strong US currency.

Therefore, one can only assume that banks and other financial institutions around the world are betting that the US will recover sooner than most other economies because of the stimulus efforts by the US government.