The results of the renaming contest are in, and they?re overwhelming. Almost all of you suggested either ?buyer?s dollar? and ?seller?s dollar? or ?import dollar? and ?export dollar.? Both nominations do a much better job of capturing the effect that fluctuations in the value of the dollar have on our economy, and doing so in neutral language. Of the two, I prefer ?import dollar? and ?export dollar,? as they?re even more specific on the short-term effects of changes in the dollar?s value.
Of course, I also got a lot of nominations that were less neutral. ?Fat dollar? and ?thin dollar? was pretty popular. ?Flaccid dollar? and ?turgid dollar? got a nomination. So did ?candy-story dollar? and ?growth dollar,? and ?boom dollar? vs. ?bust dollar.? These were fun to read, but I want to make sure my article didn?t persuade anyone that a dollar with a lower value is somehow intrinsically superior to a dollar with a higher value. Sometimes you want a cheaper dollar and sometimes you want a more expensive dollar. This is probably a moment when a cheaper dollar, which is better for short-term job creation and deficit reduction, is preferable. But over the long-run, we hope that our economy will be more productive than other economies, and that?ll lead to a more expensive dollar, which is fine.
Source: http://feeds.washingtonpost.com/click.phdo?i=6565a079d3624633ae459df752d04a6e
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