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Are_we_sure ago

I guess all this wonderful art has to do with money laundering.

There's never been a scintilla of proof of the money-laundering schemes alleged on VOAT--that high prices for modern art are a way of hiding money laundering.

In fact the case I have seen for art involved in money-laudering involve UNDERPRICING THE ART to avoid import taxes or to be able to move large sums across border in physical way----take a $5 million painting to customs and declare it at $200,000, then resell it at its actual value and pocket the cash.

These second type of scheme and indeed the entire art market involves the art actually fetching high prices outside of any criminal scheme.

bopper ago

You and I aren't privy, because there's no "evidence" to us doesn't mean speculation is not warranted.

What do you think, is Adam Schiff a creep or what? Be honest, I have to log off soon. How about Q, you like Q ?

Are_we_sure ago

....doesn't mean speculation is not warranted.

Yes, but theory being speculated about makes no sense. If I sell you a 1,000 dollar painting for 600K because it's really about moving money from elsewhere, and you try to sell that painting you're not going to get 600K for it. You're now out 600K. You don't actually see these wild price fluctutations in the art market. Prices are far more stable. If art was being moved at high prices for which there was no demand for that art, you'd see wild fluctutations all the time.

No I don't think Adam Schiff is a creep.

Q is fantasy.

urbanmoving ago

Hey that pillow was heavy...