Why does a 6" pretty piece of inked green cotton-linen, part bacteria, part cocaine, with dead president heads, hold any value in exchange? As a notable technological artifact of civilization representing faith and trust, money’s tendril roots lie embedded within politics/war, ethics/greed, usury/taxation, class/wealth. What consigns to money and precious objects—often taboo, misconceived and lost subjects in contemporary societies—the desirable and functional status driving economies (and psychologies) in communities? In this ongoing series, I present a diverse array of historic and contemporary objects; some common, others long-defunct, few quite valuable. What emerges is a compelling timeline of civilization's attempts to display beauty, enact commerce, preserve savings, and speculate on intrinsic worth.
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Disintegrating ValueArchival pigment print from the series "Absolute Powers / ex nihilo" Detail: According to the Federal Reserve, a typical $1 bill lasts for about 5.8 years before becoming so fragile that it gets withdrawn from circulation and destroyed. A $100 bill, on the other hand, lasts for 15.0 years. This makes sense given that a $1 bill is used so much more frequently. But what’s interesting is that, even as late as 2011, the average $100 bill lasted 21.6 years before becoming worn out. So according to Federal Reserve data, the average lifespan of a $100 bill has fallen by more than 30% over the last several years. This is primarily due to a significant increase in use, i.e. $100 bills are used more frequently in day-to-day transactions… at the gas station, grocery store, and even coffee shop. Naturally, this increased use of the $100 bill is because prices are higher than they’ve ever been–you can’t pay the grocery bill anymore with a twenty. Wages and salaries have also increased over time, but not as fast as living costs. Just like the dramatic decline in the purchasing power of a $100 bill, this trend is a prime example of how inflation, the "invisible tax", pilfers from people slowly over time.
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Gold Dust, Study IIIArchival pigment print from the series "Absolute Powers / ex nihilo"
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'Silver Standard' Broken TulipsArchival pigment print from the series "Absolute Powers / ex nihilo"
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Filigree Necklace, 2016Archival Pigment Photographic Print, from the series "Absolute Powers / ex nihilo."
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Ancient Gold CoinsArchival pigment print from the series "Absolute Powers / ex nihilo"
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$10,000 FRNArchival pigment print from the series "Absolute Powers / ex nihilo"
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Gold Ingot FaceplateArchival pigment print from the series "Absolute Powers / ex nihilo" Detail: 26.3oz of .926 gold with original assay mark retrieved from the 1857 SS Central American shipwreck.
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ZimsArchival pigment print from the series "Absolute Powers / ex nihilo"
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BibliophiliaArchival Pigment Photographic Print, from the series "Absolute Powers / ex nihilo."
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Hot Aisle (Cryptocurrency Farm)Archival pigment print from the series "Absolute Powers / ex nihilo"