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Shredded money, money, money

“Shredded Money” is an older piece by Christodoulos Panayiotou, but I think it’s relevant to the current times with the controversy over the Eurozone bailout fund and related financial crisis plaguing Europe. There’s more than meets the eye to this dune-shaped installation which stands 5 meters high and 7 meters wide. It’s a pile of shredded Cypriot pounds from the Central Bank of Cyprus that were of no value after the country entered the Eurozone by adopting the transnational Euro currency on January 1, 2008.

The work, which represents the whole wealth of the Island at this transitional moment, comments on the charged historical moment and the specific symbolic value of the cypriot currency.

I wrote this entire entry while humming ABBA’s “Money, Money, Money.” People around me did not find it very funny. Now you have that awesome song stuck in your head too, right? Hey, I do what I can.

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