The only thing I don't understand is why people pay millions for his work. What a country!
Of course it's worthless as culture, but rich people buy art as an investment and as store of value, and that only works past a certain price/name threshold.
If you can persuade art buyers that your "work" will be worth even more a few years from now, you can sell them anything at all.
It's not even appropriation art - it's purely a capitalist transaction, very possibly a knowing and cynical one.
Like a market for tulip bulbs[1]? ;-)
Buying one of his "works" is not any better or worse than trying to ride a bubble in the stock market.
He's just a money printing machine
Infinite logic recursion detected, abort!!!