Making Art Out of Inflation

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Carla Zaccagini’s new exhibition—at Amant, a nonprofit art space in Brooklyn— questions the true value of currency.

Carla Zaccagnini was seated on a bench the other day, riffling through a pile of cash. “I’ve been collecting money that’s not in circulation anymore,” she said, looking up from stacks of bills sheathed in cellophane. “So, currencies that are dead.” It was five days before Zaccagnini’s first solo exhibition in the United States would open, at Amant, a nonprofit art space in Brooklyn, and three days before the U.S. Bureau of Labor Statistics would announce that consumer prices had risen 8.

She folded the bill in half and pressed the corners down, before folding it again into quarters. “It’s the first thing you learn to do with paper,” she went on. “It’s something I kind of do when I’m bored and I have a paper in my hand. I make little boats.” After a few more folds, she stuck her fingers into the center and popped the sides out, revealing a trim vessel.

Zaccagnini lives in Sweden, a country known for generous family-leave policies and a notable lack of financial upheavals. She was born in Argentina, which has been studied extensively for the number of times the government has defaulted on its debt . Her mother was a Lacanian psychoanalyst, and her father was a car salesman and a part-time inventor; he created a machine that could test the ink on American dollar bills to determine whether they were authentic.

 

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