The Colour of Money (R)

Cultural Symbols

The design of currency is deeply intertwined with cultural identity, as Roman Mars explores the symbolism behind who and what is featured on money. He questions why American currency predominantly showcases founding fathers, suggesting it could instead celebrate a broader spectrum of American culture 1. This idea is contrasted with Australia's approach, where currency often features artists and poets rather than statesmen, reflecting a different cultural emphasis 2. Mars highlights the potential for currency to serve as a platform for diverse representation, stating,

Who should go on the bills and why? You know, why are the founding fathers the be all and end all of everything that is America?

--- Roman Mars

This discussion invites a reevaluation of the cultural narratives embedded in our currency designs.

   

National Identity

Currency design significantly impacts perceptions of national identity and stability, as Roman Mars discusses the differences between US and Australian currency. While the US maintains legacy features to convey stability, Australia embraces innovation with polymer notes, which are now used globally 2. Mars notes that redesigning currency can challenge perceptions of value, as it forces people to reconsider what gives money its worth 3. He reflects on the emotional attachment to traditional designs, quoting David Wolman, who said,

Getting rid of the greenback would be like burning the flag on the steps of the Capitol.

--- David Wolman

This attachment underscores the complex relationship between currency design and national identity.