Užupis Embassy @ Haus der Kunst

 

It was all about money, trying to make money for the next show. We, the Munich embassy of the republic of Užupis, made some research on the problem of money. We found out that all nations are in debt. All nations without exception. So the question is, if everyone is in debt, whom do they owe this money? Who has all the money?

 

 

 

 

 

As Užupis was not even listed on the debts chart, maybe we have all the money and just did not notice? So to end this misery, we created emergency money in our local Už-EUR currency. During the offshore exhibition, we paid the debts of the world. Ambassador in colors H.E. Mykolas Kimtis and me provided each visitor emergency money in an amount equal do the visitor’s statistical debt per capita. In total we paid out more than 500K Už-EUR which equals 500K beers in our little republic. As such an liquidity flood would kill our little economy, we urged visitors not to spend the money in Užupis, but to immediately buy Užupis treasury bills instead. Problem solved.

More info: https://www.hausderkunst.de/ausstellungen/zu-gast-offshore-money-for-the-show