World

The Value of One Dollar

by PIM of SPAIN | November 16, 2009 at 03:04 am

318 views | 69 Recommendations | 8 comments

What is left of the value of a One Dollar bill?

• Never has there been such a globally important currency as the US Dollar with so much political and financial manipulation. The question arises what value is left in a one-dollar bill?

• Homeowners are facing foreclosures and swept out of their houses forced to live on camping sites in caravans or garbage trucks.

A Chinese-American named Won Park has found the answer to both.

View attached slide show and you’ll understand what is meant. The technique applied is called Origami and is a traditional Japanese art of paper folding. The objective of this art is to create an image of an object using geometric folds and crease patterns if achievable without the use of gluing or cutting the paper, and using only one piece of paper for each figure.

Won Park has a master degree in Origami. He is also called the "money folder", a practitioner of origami whose ‘canvas’ is the United States One Dollar Bill.

Bending, twisting, and folding, he creates life-like shapes in stunning detail.

He lives in a garbage truck! You are invited to look at and in his house at the end of this one and sometimes two one-dollar bills show.

With so many people forced to live more modestly, this is a good alternative for distressed homeowners that couldn’t keep up with their mortgage payments.

0 See all footage | View Slideshow

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Hugh Askew

at 04:24 on November 16th, 2009

if i only had a dollar, i too would learn the art!

Pim, on a more serious note. If I, and others like me, take dollar bills out of circulation to make these wonderful works of art, will that hurt - or help - the economy?

Paschen

at 04:25 on November 16th, 2009

Art as added value. A very old concept. Well, done. I just wonder what the legal implications could be or are. I know that in Germany it is a crime to burn, damage or discard money on purpose. Now this would qualify under that law.

tikun

at 04:27 on November 16th, 2009

The Origami is wonderful. I still have a plane my son made out of dollar bill years ago. LIVE BELOW your means. It helps.

PIM of SPAIN

at 04:53 on November 16th, 2009

Hugh it neither hurts or helps the economy taking out dollars. These are printed by the feds at such an enormous speed, you can't keep up with them. Never ever!

Blue Crush

at 05:05 on November 16th, 2009

I've heard of people living out of school buses, but never a garbage truck.

Pretty cool post - the guy's pretty creative, I liked the crab.

Paschen

at 17:19 on November 16th, 2009

Blue Crush, this is a brand new reffitted top of the art tuck, from the photos alone it must have cost in excess of $300,000.00! Not a poor man's dream and more like a rich man's extravaganza.

The Truck was used for a trip and not as a permanent residence.

PIM of SPAIN

at 05:09 on November 16th, 2009

Thanks Blue Crush, that garbage truck is really an invention and have you noticed all the luxury one needs is in it.

aurealeus

at 04:01 on November 18th, 2009

Prior to the creation of the Federal Reserve System in 1913 by Woodrow Wilson signing the Federal Reserve Act, a dollar was worth the face value of 100 cents.

To answer the question posed in the story....

After a century of abuse by the FED in creating artificial fiat debt paper currency in the form of "Notes" with interest attached, manipulated inflations and deflations, creation of the Internal Revenue Service, Wall Street schemes and corrupt banking practices, the dollar is worth approximately $.02 cents as compared to the beginning of the last century. In fact, it cost more to produce each one dollar bill than the comparative value... approximately $.06.2 cents per dollar bill printed.