Vatican's economic analysis seen half-right, half-wrong
Catholic World News - October 25, 2011
Writing for Crisis magazine, Jeffrey Tucker argues that the new Vatican document on the world's financial system was accurate in its diagnosis of a fundamental problem: the unfettered growth of credit after the breakdown of a world monetary system based on the gold standard. Unfortunately, Tucker continues, the medicine that the Vatican document suggests--an international financial authority--would be sure to aggravate the problem.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!
Progress toward our September expenses ($33,416 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!