US Central Banks vs World Central Banks

.....Part of the reason why the U.S. dollar is so strong is that the other countries’ central banks are so bad. The head of the Japanese central bank said they will print unlimited amounts of money if they have to. Anybody thinking about the Japanese yen has to think about unlimited amounts of money along with staggering internal debt. 

The Euro is a wonderful concept but its execution has been hopeless. Although the U.S. dollar is a terribly flawed currency, many people consider it a safe haven for historic reasons. You look around the world, and there are not many better alternatives. People put money in the U.S. dollar, and the dollar is going to get overpriced as the turmoil worsens.