Pope Francis advocates world central bank, warns loss of sovereignty

Pope Francis and the Vatican are urging the establishment of a world central bank in order to “stabilize world finance” and reduce income inequality.

Submitted through the Vatican’s Office of Justice and Peace, the 18-page document entitled “Towards Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority” calls for a “supranational monetary authority” that will oversee international monetary matters. Pope Francis and his co-authors say that the global central bank would operate in the same vain as a national central bank “that regulates the flow and system of monetary exchanges.”

The pope warned in the report that if an international monetary authority is not commissioned and formed then the gap between the rich and poor would widen.

“If no solutions are found to the various forms of injustice, the negative effects that will follow on the social, political and economic level will be destined to create a climate of growing hostility and even violence, and ultimately undermine the very foundations of democratic institutions, even the ones considered most solid,” the paper states.

What makes the report rather interesting is the open acknowledgement that a world central bank would eradicate sovereignty and independence of nations. The paper does say that the benefits of having a world central bank supersede a national central bank would outweigh the costs.

Here is the passage (emphasis ours):

“Of course, this transformation will be made at the cost of a gradual, balanced transfer of a part of each nation’s powers to a world authority and to regional authorities, but this is necessary at a time when the dynamism of human society and the economy and the progress of technology are transcending borders, which are in fact already very eroded in a globalized world.”

Pope Francis is a Jesuit, which are a group of communists, and central banking is an element of communism.

Since leading the Vatican, the pope has become the religious authority on global warming, immigration and now international economics. If he really cared about the income gap then he would advocate for the end of central banks and centralized economic planning.

What were the Catholics thinking when they picked this guy?

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Comments

  1. JRATT1956 says:

    Bring on the one world government run by the Catholics, NOT!!!!

  2. This Pope sounds more like the false prophet of Revelation than a Pope. Seriously though, just read Revelation 13. Pope Francis has called for global carbon taxes to be managed by a global body. His encyclical on the environment is as new age as it gets. And now this, which would set the path for the kind of system that the Anti Christ will have (Rev 13:7). The role of the false prophet/Pope Francis is laid out in Rev 13:11-17.

    To any Catholics reading this. Take this as a sign that the Roman Catholic Church doesn’t honor Christ as its leader but rather the false prophet. Come out of her (Rev 18:4) while you still have time. And for heaven’s sake, read the Bible for yourself, pray for discernment, repent of your sins, and call on the Lord Jesus to save you.

    • Rabelrouser says:

      Too many refuse to understand the future in reference to Biblical teachings, those who do see this for what it actually is, the coming of the anti christ’s reign on earth.
      , and the implementation of the “New World Order”.
      Too many today accept the electronic data control methods that are being put in place to eventually have that absolute control over them. It Cool, they say, but it leads to the biggest loss of personal, individual freedom(s).
      Yes the People should read the Bible for themselves and understand that it is the absolute Word of God.
      That through those words they will have an absolute Freedom and a greater understanding and belief.They will also have the courage, and subsequent bravery to stand against those who want total control over them.

  3. The goal of the antichrist has been a one world gov’t so a one world religion can take over.

    Pope Francis, no thanks.

    If countries can’t stabilize their own finance making it bigger will only make it more difficult.

    Bad advice but we know you aren’t about stabilizing finances.

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