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"It is the artists, and a certain line of thinking about art, that have given the people with the cash permission to buy and sell what amounts to nothing, and to do so for ever larger and more insane sums of money."
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Modern art is museum board friends accepting your inflated whoopee cushion as a charitable donation. You enjoy a massive tax deduction, and they in turn donating to your museum. Basement storage thereafter where nobody need look at it.
Modern Art was created by Amendment XVI to the United States Constitution, 1913, followed by the rich being dunned for World War I. They obtained relief by elevating EuroTrash daubings into remarkable tax-free income. Critics separate craft (undeserving!) from art.