A link from the Financial Times pointed my attention to a blog post on the New York Federal Reserve website;
Historical Echoes: When Are Artists Like Central Bankers?
The post answer the question, the gist of which below:
Answer:....... When they create money........ William Michael Harnett (1848-92) sometimes painted just the money and was arrested for counterfeiting in 1886. ........... Harnett never painted money again.
Read the post in full, because what really piqued my interest was another link to the Wall Street Journal on a 2009 auction of fine art.
If I were cynical, I could believe this was a press release of why one should to buy art and "other" hard assets.
More sinister, is as an open message that the game is up and the Fed is facing prosecution just like any other counterfeiter.
That's just me of course.
Check it out for yourselves.
Original Fed post here and follow Warhol link from there.
Let me know you thoughts back here, and if you do not hear back, it could be the black helicopters.
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