The Reds took in a busy summer on the transfer front, with a number of fresh faces brought into Anfield.
Dalglish is happy with the business he was able to carry out during that window, with Liverpool having returned to the top-four hunt in the Premier League this season.
With there no obvious areas in need of strengthening, the Scot feels it would be foolish to spend money for the sake of it.
He does have funds available should a suitable target become available, but for now the Reds boss is refusing to be drawn into the endless rounds of speculation which greet the opening of the January transfer window.
"We've got an option to be active if we want to be active, but we said at the outset that we'd be quiet," Dalglish told the club's official website.
"It's work in progress for us. We'll just keep doing what we're doing, and the boys will keep working as hard as they can, and we'll see where we go.
"If we needed somebody to bolster up, we could do it - but I said right at the outset, we don't.
"We're not really chasing after anybody that we want to bring in in January. We've been happy with what they (the players) have done since August."
He added: "I don't think it is unusual when we said at the start we would not be very busy. I think it's unusual when people try to invent things, get it horribly wrong and then ask us to justify it.
"We said right at the outset, if anything there will be very little (transfer activity). It's a wee bit disrespectful to us after trying to be honest and saying there might not be much, that we get accused of not being active."