I always considered the dollar gender neutral. I know there are honest dollars and dishonest dollars, but the idea of male and female dollars never occurred to me. However, Republicans now consider female dollars to be those with no value, and are using Rupert Murdoch’s media empire, an adjunct to the Republican Reichsministry of Propaganda, Faux Noise, to spread the word. Paul Krugman brought us this:
Can a woman effectively run the Federal Reserve? That shouldn’t even be a question. And Janet Yellen, the vice chairwoman of the Fed’s Board of Governors, isn’t just up to the job; by any objective standard, she’s the best-qualified person in America to take over when Ben Bernanke steps down as chairman.
Yet there are not one but two sexist campaigns under way against Ms. Yellen. One is a whisper campaign whose sexism is implicit, while the other involves raw misogyny. And both campaigns manage to combine sexism with very bad economic analysis.
Let’s start with the more extreme, open campaign. Last week, The New York Sun published an editorial [Murdoch propaganda delinked] attacking Ms. Yellen titled “The Female Dollar.” The editorial took it for granted that the Fed has been following disastrously inflationary monetary policies for years, even though actual inflation is at a 50-year low. And it warned that things would get even worse if the dollar were to become merely “gender-backed.” I am not making this up.
True, The Sun is a marginal publication, with strong gold-bug tendencies, and nobody would pay much attention if the rest of the right had ignored or distanced itself from that editorial. In fact, however, The Wall Street Journal immediately followed up with its own editorial [Murdoch propaganda delinked] along the same lines, in the course of which it approvingly quoted The Sun piece, female dollar and all. [emphasis added]
Inserted from <NY Times>
I urge you to click through for the rest of this excellent editorial.
Instead of male and female dollars, they should be considered Democratic and Republican dollars, the former going to meet the legitimate needs of the American people, and the latter, to squander on the greed of the 1%.