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 No, I can't accept this argument.

1) I don't see how the money are relevant to all of this.
2) There is a time discrepancy of over a decade. Duchamp's Fountain was introduced in 1917. US abandoned the golden standard in 1933. 
 Dumb art reflects corruption of society.  Fiat engenders corruption.  Good art always existed.  It is just harder to allocate real value to art without purity in signal.  If Ceasar is parading naked, it is not art.  Even a child could tell. 
 I can't relate to your perception of the world and art. Just what we think of as art is diametrically opposed. There's probably no point in arguing about it any further.  
 Yes.


https://i.imgur.com/DHuryQb.jpg 
 I'm not sure what are you insinuating. I wish we could just agree to disagree... :-) 

* Both depicted examples are art. 
** The meme itself is art.  
 You are right.