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Fiat money

This artist cuts up cash and uses it for collage

by Kai Ryssdal and Maria Hollenhorst
Apr 7, 2017
Artist Mark Wagner uses U.S. currency to make his intricate collages.
Contemporary artist Mark Wagner creates portraits of U.S. presidents from dollar bills.
Photo courtesy of Mark Wagner
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The power of the central bank to create money out of thin air wasn't always so easy

by Sabri Ben-Achour
Dec 5, 2013
The Federal Reserve has been creating money to the tune of about $85 billion dollars a month. But the first time a central bank tried to do that...it didn't go over so well.
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