Art as an Investment
Hard Assets vs. Financial Assets: The Case for Owning Real Things
Hard assets are tangible things with intrinsic value. Financial assets are paper claims. Why the distinction matters for inflation, risk, and where art fits.
Hard assets are tangible things with intrinsic value. Financial assets are paper claims. Why the distinction matters for inflation, risk, and where art fits.
Fiscal dominance is when high debt and deficits constrain monetary policy and push toward inflation. Here is why it raises demand for hard assets, and where art fits.