> Prices in the art world are presently distorted because of astonishing levels of wealth concentration. I’ve heard two different art dealers on different cont

> Prices in the art world are presently distorted because of astonishing levels of wealth concentration. I’ve heard two different art dealers on different continents (SF and London) both insist independently that the primary reason for high art prices is that art is a great way to bribe the owner, or to launder money, or both. (Similar to former politicians being paid millions for a “speech” in a foreign country).