Hey!
Picasso didn't exploit the masses, he exploited the rich and famous. I think that has some merit to it! He did not produce any art of any significance after the Mediterranean Suite of 1941, a series of etchings.
The pottery was the biggest joke, and it was produced for the nuevo riche who didn't know any better but to buy it. The very wealthy had art experts on the payroll. I'm sure it's gained in value but finding a buyer is the trick.
That Japanese businessman who paid so much for "Irises" likely was not well advised. Of course, it was purchased in the late 80's and the art market went with the course of the stock market. Art became deflated for nearly four years.
I think CI is thinking of the forgery of one of the versions of "Sunflowers" (Van Gogh painted several images) which was just about to be sold to some rich fool when somehow he found that the actual original was hanging in the Chicago Art Institute at the time. Whooops!