Atlanta Fed predicts -2.8% GDP

Re:Atlanta Fed predicts -2.8% GDP by gruez on Monday March 03, 2025 @04:21PM (#43246923)

I doubt this sort of chicanery actually happens, or would actually work.

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Re:Atlanta Fed predicts -2.8% GDP by bugglebeetle on Monday March 03, 2025 @04:23PM (#43246935)

I see you’ve never heard of the market for fine art.

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Re:Atlanta Fed predicts -2.8% GDP by gruez on Monday March 03, 2025 @04:45PM (#43247202)

You might not agree that a blank canvas is a $100k "art piece", but assuming both parties are sincere, what's the issue? It's not really any different than some luxury brand selling a $50 (being really generous here) t-shirt for $500.

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Re:Atlanta Fed predicts -2.8% GDP by sadeshmukh on Monday March 03, 2025 @09:16PM (#43249457)

Their worth is inflated and their whole suite of same artist work increases in value.

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Re:Atlanta Fed predicts -2.8% GDP by frumper on Monday March 03, 2025 @04:35PM (#43247092)

That's great for money laundering, but you'd have to pay taxes on it. Good luck.

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Re:Atlanta Fed predicts -2.8% GDP by criddell on Monday March 03, 2025 @04:51PM (#43247270)

Unless you leave it in some warehouse by the airport.

> https://hyperallergic.com/51913/the-shadowy-world-of-art-in-...

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Re:Atlanta Fed predicts -2.8% GDP by lostmsu on Monday March 03, 2025 @10:53PM (#43250086)

But then it would not contribute to US GDP, would it?

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Re:Atlanta Fed predicts -2.8% GDP by edm0nd on Monday March 03, 2025 @04:31PM (#43247033)

also NFTs

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