Will the $700 Billion Bailout Help the U.S. Dollar?

I have a few people that email me every now and again wondering about the state of the U.S. dollar. These are folks that are interested in it for investing purposes, because they expect to travel overseas in the next year or so, or are just concerned about the dollar’s standing in the world.
Lately, I’ve been getting questions about how the $700 billion bailout is likely to affect the U.S. dollar. In the near term, the bailout has been helpful, since the dollar has been rallying on the assumption that the economy is likely to recover as a result of …read more