This video is about the market for expensive (say $10,000 to $100,000) paintings. Although made by an art lover, the account of how the market works is pretty brutal in its cynicism. His line is "Prices can fall, so just pay your money, hang it on your wall, and enjoy it." but maybe he is revealing that you $100,000 painting was never worth $10,000 to begin with
[ + ] FuckShitJesus
[ - ] FuckShitJesus 1 point 6 monthsOct 6, 2024 17:29:04 ago (+1/-0)
"Art" is not high-value.
High-value "art" is just sophisticated money laundering.
[ + ] happytoes
[ - ] happytoes [op] 0 points 6 monthsOct 7, 2024 13:26:34 ago (+0/-0)
https://www.youtube.com/watch?v=wpQQZQN0sXQ
Watch Market Collapse! Why Did Secondary Market Prices Fall So Much?
This time it is luxury watches. The vibe I'm getting is that rich people aren't so rich any more. Weird!