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NSK State Exchange

  FIAT

Let it be. As part of our exploration of the trappings of state and the lever end they insert into our psyches, we seldom consider the simple dollar, the dinar, the drachma, the Deutsche Mark. Currency, mass produced state documents littered with the icons and symbology of our country, imbued with a value not in terms of scarce ore or muscle, but strictly as our approved instrument of exchange. It is not personalized for us, it is not imbued with our eye and hair color, our crummy photo, instead we must love it from a distance, from across the span between us its oh-so-temporary guardians and it as a free floating spirit, carrying the promiscuous promise of the state through every hand and wallet. We must lose ourselves in its presence.

Although New York has never been a center for the production of such documents, it has often had the pleasure of distributing them. It seems appropriate to initiate the Neue Slowenische Krone (NSKr or, more colloquially, N$K) from here. New York has long harbored great vaults of similar financial instruments and long shepherded them along their path, often literally underground, from one hidden vault to the next, far from human hand or eye. Despite their distance from us, they move.

And move is what they must do. If there is one imperative for a unit of transaction it is that it MUST transact. This is the purpose and drive of fiat currency, and this is what we hope to encourage with the introduction of the NSKr. A flow like blood through the state apparatus, through its citizens and the veins, capillaries, and corpuscles that connect them, a flow bringing undifferentiated fullness and invigorating life re-oxygenated by its own labors. To this end, NSKr is a temporary currency, expiring after a set interval from its date of issue. Future runs may expire more quickly, or more slowly. We hope to animate them into the motion required of such an instrument. We don't pretend to understand how they will be used, but we provide a game of musical chairs to keep them fresh and on their way. The game is contrived, but not arbitrary.

Our choice of the Yugoslav Dinar was an obvious one, exchanging the value of a stateless currency for the value of one with a living, virtual state behind it. In the tradition of occupying powers, we have simply adopted and repurposed the physical bills and the symbolic powers of the Yugoslav Dinar to the physical and symbolic needs of the NSK State. It does not preclude the use of other currencies in the future, nor the creation of fresh physical bills or coins. For the moment, however, we find this to be a satisfying solution.

 

 

 

 

 

 

 

 

 

 

 

 

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