Author Topic: Pope Francis urges global leaders to end 'tyranny' of money  (Read 4649 times)

0 Members and 1 Guest are viewing this topic.

Offline No2NWO

  • Member
  • *****
  • Posts: 954
  • "It's Just A Ride" ~ BH
Pope Francis urges global leaders to end 'tyranny' of money

Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions.

He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods.

Money should be made to “serve” people, not to “rule” them, he said, calling for a more ethical financial system and curbs on financial speculation.

Countries should impose more control over their economies and not allow “absolute autonomy”, in order to provide “for the common good”.

The gap between rich and poor was growing and the “joy of life” was diminishing in many developed countries, the Argentinian Pope said, two months after he was elected as the successor to Benedict XVI.

“While the income of a minority is increasing exponentially, that of the majority is crumbling,” said Francis, who as archbishop of Buenos Aires visited slums, opted to live in a modest flat rather than an opulent Church residence and went to work by bus.

http://www.telegraph.co.uk/news/religion/the-pope/10061700/Pope-Francis-urges-global-leaders-to-end-tyranny-of-money.html
"BEAT THEM BY NEVER JOINING THEM" ~ No2NWO
Rise and rise again, until lambs become lions.

Offline TahoeBlue

  • Global Moderator
  • Member
  • *****
  • Posts: 20,338
Re: Pope Francis urges global leaders to end 'tyranny' of money
« Reply #1 on: May 16, 2013, 12:24:22 pm »
http://en.wikipedia.org/wiki/Gold
A total of 171,300 tonnes of gold have been mined in human history, according to GFMS as of 2011.[2] This is roughly equivalent to 5.5 billion troy ounces or, in terms of volume, about 8876 m3, or a cube 20.7 m on a side


http://facts.randomhistory.com/2009/03/09_gold.html
...
5.Due to its high value, most gold discovered throughout history is still in circulation. However, it is thought that 80% of the world’s gold is still in the ground.b

40.The world’s largest stockpile of gold can be found five stories underground inside the Federal Reserve Bank of New York’s vault and it holds 25% of the world's gold reserve (540,000 gold bars). While it contains more gold than Fort Knox, most of it belongs to foreign governments.f

44.Only approximately 142,000 tons of gold have mined throughout history. Assuming the price of gold is $1,000 per ounce, the total amount of gold that has been mined would equal roughly $4.5 trillion. The United States alone circulates or deposits over $7.6 trillion, suggesting that a return to the gold standard would not be feasible. While most scholars agree a return to a gold standard is not feasible, a few gold standard advocates (such as many Libertarians and Objectivists), argue that a return to a gold standard system would ease inflation risks and limit government power

http://en.wikipedia.org/wiki/Gold_reserve
World Gold Reserves: Notice ONLY ~40,000 TONS!
It has been estimated that all the gold mined by the end of 2011 totalled 171,300 tonnes
So where is 100 tons of gold?





Vatican Gold
http://demonocracy.info/infographics/world/gold/gold.html
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Offline No2NWO

  • Member
  • *****
  • Posts: 954
  • "It's Just A Ride" ~ BH
Re: Pope Francis urges global leaders to end 'tyranny' of money
« Reply #2 on: May 16, 2013, 12:30:53 pm »
They're stepping on the Vatican money machine....
"BEAT THEM BY NEVER JOINING THEM" ~ No2NWO
Rise and rise again, until lambs become lions.

Offline TahoeBlue

  • Global Moderator
  • Member
  • *****
  • Posts: 20,338
Re: Pope Francis urges global leaders to end 'tyranny' of money
« Reply #3 on: May 16, 2013, 01:02:46 pm »
They're stepping on the Vatican money machine....

"most gold discovered throughout history is still in circulation"

So where is 100,000 TONS of GOLD?

There is a disparity between all the gold thats been mined and that in reserves. ... hmmm...
All that Aztec/Mayan/Peruvian GOLD


http://en.wikipedia.org/wiki/Gold_reserve


World Gold Reserves: Notice ONLY 30-40,000 TONS!

It has been estimated that all the gold mined by the end of 2011 totalled 171,300 tonnes.[1] At a price of US$1500 per troy ounce, reached on 12 April 2013, one tonne of gold has a value of approximately US$48.2 million.

The total value of all gold ever mined would exceed US$8.2 trillion at that valuation

Officially reported gold holdings

Privately held gold
As of October 2009, gold exchange-traded funds held 1,750 tonnes of gold for private and institutional investors
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5