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Beta Bill #1 (Yellow)
Photograph on Archival Cotton Rag
30 x 40
From a consecutive series of 50 $2 bills minted in 2013, when the US Federal Reserve Bank continued a policy of Quantitative Easing (QE) begun in 2009. In 2013, Fed Chairman Ben Bernanke announced the reduction of future bond purchases, or "tapering" of QE. Market speculators railed against it, fearing it would slow the economy, in what was called a "taper tantrum." It appeared Bernanke succumbed to the pressure, and the Fed continued to buy. That weakness is reflected in the title. The colors echo images associated with childhood: the pastels of a baby's room, candy, or Monopoly money.
FIATFIRE's work is designed to inspire critical thinking about money.
Physical Artwork:
NO RESERVE
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