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Speculating with grant money. Is that allowed?

Boymans is proud. The Rotterdam museum has a very nice figurine on the head, for 123,000 euros less than the asking price. And all because they bought it through an option scheme. Writes NRC. That option construction did cost 22,000 euros. Money they would have lost if the dollar rate had fallen instead of risen. It's already complicated enough for another episode of George van Houts's De Verleiders.

Remains the question of whether tax money is meant for speculation. Nice to arrange a discount, but what if you turn losses? Or you've accidentally poured your money into an Icelandic volcano? Isn't subsidy meant to buy things for collection and then take good care of them? And that you just buy neatly, and don't speculate? Isn't trading money enormously dangerous?

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