The KLF: Chaos, magic and the band who burned £1M

Post by techno_tsar » Sat, Feb 04, 2023, 2:20 AM UTC

Baeocystin wrote: post #12

ilamont wrote: post #6

I used to work for Jimmy Cauty and Bill Drummond's record label. This book looks interesting ... but I really wish the focus was on the art and the music, and not the "the guys who burnt 1 million quid" incident. One thing that the media have a tough time recognizing is the fact that Bill and Jimmy are legit experimental artists, and still love making art of all kinds. And they also happened to have some amazing musi…

>More often than not, it's the one-off act of Burning a Million Quid in 1994. Their ground-breaking music, the books, the anti-establishment statements and art ... it's almost an afterthought. The pain of not having enough is a fundamental human experience, and to see someone who had more than most will ever see in their lifetime literally burn it away hurts. I thought it was deeply selfish stunt then, and still do n…

Post by amalgamated_inc » Sat, Feb 04, 2023, 2:31 AM UTC

ggm wrote: post #20

It's been pointed out that for the state banking authority the fire did absolutely nothing. Firstly, it's rounding error noise to the economy. Secondly, even ephemeral evidence of which notes got destroyed in some circumstances would legitimate taking a bundle off the shelf and giving it to them. Money is strange. For the central bank, it exists when they say it does and not when ink hits paper at the printery. Econo…

Post by ggm » Sat, Feb 04, 2023, 2:49 AM UTC

amalgamated_inc wrote: post #23

ggm wrote: post #20

It's been pointed out that for the state banking authority the fire did absolutely nothing. Firstly, it's rounding error noise to the economy. Secondly, even ephemeral evidence of which notes got destroyed in some circumstances would legitimate taking a bundle off the shelf and giving it to them. Money is strange. For the central bank, it exists when they say it does and not when ink hits paper at the printery. Econo…

Wouldn't it have slightly raised the value of everybody else's money?

Post by sp332 » Sat, Feb 04, 2023, 3:02 AM UTC

Baeocystin wrote: post #12

ilamont wrote: post #6

I used to work for Jimmy Cauty and Bill Drummond's record label. This book looks interesting ... but I really wish the focus was on the art and the music, and not the "the guys who burnt 1 million quid" incident. One thing that the media have a tough time recognizing is the fact that Bill and Jimmy are legit experimental artists, and still love making art of all kinds. And they also happened to have some amazing musi…

>More often than not, it's the one-off act of Burning a Million Quid in 1994. Their ground-breaking music, the books, the anti-establishment statements and art ... it's almost an afterthought. The pain of not having enough is a fundamental human experience, and to see someone who had more than most will ever see in their lifetime literally burn it away hurts. I thought it was deeply selfish stunt then, and still do n…

Post by flir » Sat, Feb 04, 2023, 3:49 AM UTC

techno_tsar wrote: post #21

Baeocystin wrote: post #12

Earlier quoted context omitted.

>More often than not, it's the one-off act of Burning a Million Quid in 1994. Their ground-breaking music, the books, the anti-establishment statements and art ... it's almost an afterthought. The pain of not having enough is a fundamental human experience, and to see someone who had more than most will ever see in their lifetime literally burn it away hurts. I thought it was deeply selfish stunt then, and still do n…

Deeply selfish? There are literally millions and millions of extremely wealthy people who would spend that amount doing nothing, buying a yacht, their 20th property, or do actual terrible things. I don’t resent them for burning their money. They could have bought toys, instead they made a statement. We live in a world where many of us (myself included) have to live with the pain of not having enough. I’m reminded of…