I AM CONVINCED that economic and cultural affairs, that money and literature and poetry, are much more closely linked than many people believe. We should recall that writing came into being in Sumer, the cradle of civilisation between the Tigris and Euphrates rivers, 6,000 years ago. Sumers administrators made a record of everyday items, of quantities, of transactions, on clay tablets. By recording these economic activities, these proto-accountants created the first documents in human history and paved the way for all of the worlds written literature.
There is a relationship between poetry and money which has always struck me. Poems, like gold coins, are meant to last, to keep their integrity, sustained by their rhythm, rhymes and metaphors. In that sense, they are like money they are a store of value over the long term. They are both aspiring to inalterability, whilst they are both destined to circulate from hand to hand and from mind to mind.
Both culture and money, poems and coins belong to the people. Our currency belongs to the people of Europe in a very deep sense: it is their own confidence in their currency which makes it a successful medium of exchange, unit of account and store of value. …