Hovis Brown [quote]Turd Fergurson the sad thing about art these days is that its all caught up in hedge funds, i dont know the details cause it's all complicated, hovis tried explaining it once at college but basically alot of art these days are owned by banks because they're seen as an investment and banks hold alot of money really so they buy it all up...is that close enough hovis? im sure its much much much more complicated so feel free to step in, explain it much more simplily and make me look like a bell end :)
it's a bit more complicated than that, but buying certain types of art are good investments. certain kind art doesn't devalue like precious metals or currency, so investment firms can sell it on to raise capital quite quickly. art as commodity isn't interesting to me. art as catalyst for discourse is. once it becomes commodity, it ceases to be art for me -- it becomes more like a vase or a lump of gold.[/quote]
i hear ya, im totally hanging with the discursive massive, are you a fan of node.london mr hovis
it's a bit more complicated than that, but buying certain types of art are good investments. certain kind art doesn't devalue like precious metals or currency, so investment firms can sell it on to raise capital quite quickly. art as commodity isn't interesting to me. art as catalyst for discourse is. once it becomes commodity, it ceases to be art for me -- it becomes more like a vase or a lump of gold.[/quote]
i hear ya, im totally hanging with the discursive massive, are you a fan of node.london mr hovis