Pope Benedict XVI, Œconomist
News of a "forthcoming social encyclical" and "a synthetic, two-level overview of the economic crisis" — Pope blames idolatry of money for economic crisis.
His Holiness cites "the idolatry of money as a major shortcoming of the economic order." (Could fiat money be considered a kind of idolatry?) Also, the wise counsel lost on the planners "that large-scale reform cannot be achieved without individual reform and conversion."
His Holiness cites "the idolatry of money as a major shortcoming of the economic order." (Could fiat money be considered a kind of idolatry?) Also, the wise counsel lost on the planners "that large-scale reform cannot be achieved without individual reform and conversion."
Labels: The Catholic Faith, The Dismal Science, The Holy Father
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