All of that contributes to Rosenberg’s theory that the art world today has one major purpose—to create loans for banks or other investment groups: “The profit now is in lending money for people to buy things. Art is now an investment vehicle.”
https://www.theartnewspaper.com/interview/i-don-t-touch-contemporary-art-it-s-a-gamble
The purpose of all things: to create loans for banks or other investment groups.
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