![]() ![]() He has shown at the Guggenheim, New York, the Biennale of Sydney, Greater New York 2005 at MoMA PS.1, Shanghai Biennale, Saatchi Gallery London, Moscow Biennale, Yokohama Triennale, the US Ambassador’s House, Tokyo, 21st Century Museum of Contemporary Art, Kanazawa, Japan, and in various other exhibitions in the United States, Europe and Asia. He received his BFA from Tama Art University, Tokyo in 1996, and his MFA from the School of Visual Arts, New York in 2001. Yuken Teruya was born in Okinawa, Japan in 1973. In discussing the meaning and symbolism of the money of financial districts and political economy, which is driven by narratives and believing, one can also apply the idea to other values such as cultural capitals, religion and historical value. Monopoly money stands for the big money, the money that can’t buy a coffee, but that can buy Park Avenue. Monopoly money itself is a symbol of exchange value that drives even unmeasurable values. But do they refer to the same kind of value? If you cut a 100 dollar bill into pieces, you would loose the value worth of nice dinner, but if you cut monopoly money, you dissect the idea of “exchange value” itself. While money is a placeholder for its respective printed value, Monopoly money symbolizes that very placeholder. And yet, though the material remains the same, we accept it for its printed value. Money is a symbolic thing all made of the same paper material, but the values change depending on the number that is printed onto it. Sources: Hasbro.Yuken Teruya, Monopoly Money, installation view in Würfel, 2020 Get updates from: Facebook | Twitter | Email | Kindle Perhaps this myth started as a comparison to the number of coins the US Mint makes each year. They don’t give a breakdown of the denominations, so it’s impossible to calculate the exact dollar value. On the other hand, the US mint produces 14-20 billion coins per year. In fact, a few years of US currency printing exceeds all 76 years of Parker Brothers printing. If we use the current edition, that would mean they print $67.7 billion during an average year.Īt $2 trillion per year, the US government prints much more money than Parker Brothers. They’ve sold an average of 3.3 million copies per year. Hasbro states that 250 million copies of MONOPOLY have been sold since 1935 (in 103 Countries and 37 languages). Until 1998, $15,140 worth of MONOPOLY money was included in each game current editions include $20,580. Next, I tracked down how much money Parker Brothers, a subsidiary of Hasbro, has printed. That’s a lot of money and 95% of it replaces old money that is worn out. ![]() In 2009, the US government printed a total of $2.1 trillion and in 2010 it was just over $2.0 trillion. For example, more than 974 million $1 bills were printed in 2010. I will give them a bit of credit here, the sentence is confusing and could be interpreted as “per year”, but a quick scan of the page can easily correct that interpretation. Although, they quote it as per year rather than per day. In fact, CNBC has this fact on their page too. It’s very detailed and includes 4 years when $2 bills were printed, totaling about 500 million $2 bills printed since 1980.Īnother interesting fact appears at the bottom of that page: 26 million currency notes are printed each day, with a face value of approximately $974 million. Their website has a page that details exactly how much currency has been printed each year since 1980. The US bureau of Engraving and Printing is responsible for printing paper currency in the US. It’s not just CNBC, dozens of other sites make the same claim. I’m not sure where all of these sites got their info, but I like to go to the source. In my attempt to track down the truth, I found that this myth is very wide spread. It stated that each year, Parker Brothers prints more MONOPOLY money than the US government prints real currency. They even went so far as to say, “You can bet your little, old shoe that money fact is true!” ![]() I was reading a recent story on and one “fact” seemed particularly unbelievable. More US Money is Printed Than MONOPOLY Money ![]()
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