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Alán Carrasco
Spain, b. 1986

Alán Carrasco Spain, b. 1986

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Open a larger version of the following image in a popup: Alán Carrasco, Mi primer millón de dólares, 2013
Open a larger version of the following image in a popup: Alán Carrasco, Mi primer millón de dólares, 2013
Open a larger version of the following image in a popup: Alán Carrasco, Mi primer millón de dólares, 2013

Alán Carrasco Spain, b. 1986

Mi primer millón de dólares, 2013
481 Peruvian Inti banknotes.
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  • (View a larger image of thumbnail 1 ) Alán Carrasco, Mi primer millón de dólares, 2013
  • (View a larger image of thumbnail 2 ) Alán Carrasco, Mi primer millón de dólares, 2013
  • (View a larger image of thumbnail 3 ) Alán Carrasco, Mi primer millón de dólares, 2013
This artwork reflects on the value attributed to printed money, highlighting the absurd conception of the pact established around the imposed value of the currency. The artist acquired 16,800,000 Intis,...
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This artwork reflects on the value attributed to printed money, highlighting the absurd conception of the pact established around the imposed value of the currency. The artist acquired 16,800,000 Intis, an amount that, at the time of the creation of this currency, was equivalent to one million US dollars. The paradox lies in the fact that the Inti, which was the official currency of the Republic of Peru between 1985 and 1991, suffered a massive devaluation shortly after its introduction, plunging hundreds of Peruvian citizens into poverty. After the devaluation, this initial million dollars were worth barely 4 dollars.

Esta obra reflexiona sobre el valor atribuido al dinero impreso, destacando la absurda concepción del pacto establecido en torno al valor impuesto a la moneda. El artista adquirió 16.800.000 intis, una cantidad que en el momento de la creación de esta divisa equivalía a un millón de dólares estadounidenses. La paradoja radica en que el inti, que fue la moneda oficial de la República del Perú entre 1985 y 1991, sufrió una enorme devaluación poco después de su introducción, llevando a la miseria a cientos de ciudadanos peruanos. Después de la devaluación, este primer millón de dólares valía apenas 4 dólares.

Aquesta obra reflexiona sobre el valor atribuït al diner imprès, posant de relleu l'absurda concepció del pacte establert al voltant del valor imposat a la moneda. L'artista va adquirir 16.800.000 Intis, una quantitat que, en el moment de la creació d'aquesta divisa, equivalia a un milió de dòlars estatunidencs. La paradoxa rau en el fet que l'Inti, que va ser la moneda oficial de la República del Perú entre 1985 i 1991, va patir una enorme devaluació poc després de la seva introducció, portant a la misèria a centenars de ciutadans peruvians. Després de la devaluació, aquest primer milió de dòlars valia a penes 4 dòlars.
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