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© 2022 AFPArt sales hit all-time high in 2021
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© 2022 AFP
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kurisupisu
And more evidence of the rich become richer…..
Wakarimasen
More evidence of currency debasement.
GBR48
Niftys don't have the environment impact of crypto.
Although crypto can be monitored and seized, governments view it as a cross-border threat and will eventually criminalise it.
Niftys they may initially just tax, but as they also allow money to move across borders, they may eventually be for the chop too.
Art is a more traditional way of shifting large lumps of your cash about, and is more likely to survive the crackdown. Plus, the physicality of an asset is reassuring.