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Art hot during high inflation
It could be said that recent auction results are proof of arts growing status as an asset that investors can trust as a hedge against inflation. While it is an liquid asset (is not as quickly exchangeable for cash as stocks), perhaps some investors are considering this the necessary price to pay to be better…
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Is Art A Good Hedge Against inflation?
In times of high inflation, investors can have a preference to move part of their wealth to tangible assets, like gold, property, and art. This is because inflation erodes the purchasing power of cash, as the goods and services purchased with cash become more expensive. Even the value of cash held in interest-bearing bank accounts…
