Calling the Shots: Dr. Bryan Ardis Believes Pope Francis Is Behind Covid and the Jabs
________
Source: Investopedia
The Secret Finances of the Vatican Economy
Little-known facts about how the Vatican makes money
By TIM PARKER | July 27, 2021 | Reviewed by ROBERT C. KELLY
Because the Vatican has published very little over the centuries about its finances and investments, most people don't know how it makes money as a sovereign city-state with its own economy. The Vatican is located within the city of Rome, encompassing 110 acres with a population of under 1,000, which makes it the world’s smallest country.1 While the Vatican may be small in size, it has a large impact in the financial world with its far-reaching investments that include banking, real estate, and private enterprises.
KEY TAKEAWAYSHoly See Revenue• The Vatican is the world's smallest country, with an economy that relies on a combination of donations, private enterprises, and investments to generate revenue.
• The Vatican's economy is shrouded in secrecy, with some believing its financial numbers are more general than accurate.
• The Holy See is the governing body of the nation and generates money through donations; it then invests a portion of that money in stocks, bonds, and real estate.
• Vatican City generates revenue through museum admissions and the sale of coins, stamps, and publications.
• The Vatican Bank has been at the center of numerous financial scandals, which has prompted Pope Francis to institute reforms that provide financial accountability and transparency.
In order to gain an understanding of the complex economy of the Vatican, it is important to establish the differences between Vatican City and the Holy See. The Holy See is the governing body of the nation. If you entered into a contract with the territory, you would do it with the Holy See, in most cases. Vatican City is the physical area where the Holy See resides.
The Holy See generates revenue from Peter's Pence, the 8th-century term for donations that are received from Catholics all over the world.2 From individuals to dioceses, the Holy See collects the donations through a special department. The Holy See also gains revenue from interest and investments of its reserves.
Holy See Investments
Historically, the Holy See invested mainly in Italian industries, spreading its portfolio between stocks and bonds, and limiting its stake in companies to less than 6%. It has invested conservatively, choosing to buy and hold proven companies in strong industries; because of this, investments in the developing world are limited.
More recent investments have been more international, however, particularly in western European currencies and bonds, with some activity in the New York Stock Exchange. The Holy See also has investments in real estate around the world, particularly in land and churches.
There are some investments that the Holy See won't make, however. For example, it will not make investments in companies that go against church values, such as pharmaceutical companies that manufacture birth control. In this respect, the Holy See's investing is similar to those who employ a faith-based investing strategy.
The Holy See's Deficit
For many years, the Holy See has run a deficit. The Los Angeles Times reported the Holy See had a shortfall of $18.4 million in 2012. Officials blamed the soft European economy and the cost of paying its 2,832 employees, as well as spreading the Catholic faith through its various media outlets.3
In Sept. 2019, German Cardinal Reinhard Marx, who is in charge of the Vatican's economic council, confirmed that Pope Francis had instructed him to reduce costs in an effort to eliminate a deficit that is estimated to be around 70 million euros. The exact amount is up for debate because the Vatican has not published a budget since 2015 and has been without an in-house auditor for two years.4
Although Pope Francis (and Pope Benedict XVI before him) have made efforts to make the country more transparent, its finances are still a bit of a mystery, and some believe that the numbers are more general in nature than accurate and audited. For that reason, it's nearly impossible to gauge the financial health of the Holy See, although there's little doubt among those who study the church that it has significant reserves.
Please go to Investopedia to read more.
________
Vatican investments:
Vatican accused of investing in companies making 'morning-after pill'
Vatican's investment funds were vehicles for Italian bank fraud
Vatican accused of investing in companies making 'morning-after pill'
Vatican's investment funds were vehicles for Italian bank fraud
Rothschild's took over the Vatican Bank in 1823 and ever since has been investing in triangular trade: guns; sex; drugs:
The Vatican and the WEF's Klaus Schwab do a deal:
What usually happens at the Vatican is the low hanging fruit are removed first:
Now, if you are the fruit hanging way up high in the Vatican's financial tree and something goes wrong, you get assassinated:
Here is another assassination of a Vatican banker sometimes referred to as a "pope" this time who attempted bringing reform to the Vatican and likely its finances:
It's not a "church." It is a central banking nexus that has put you on your knees to serve. Covid is not a pandemic, it is an Abrahamic religion with all the sacraments required for a religious institution that has put entire populations on their knees on the alter of the New Church of Covid. Its adherents even issued Covid fatwas to force conformity to the new belief system.
Call to liquidate the Vatican:
Is the Vatican Bank tangled up in this mess? More than likely because this all goes back to the City of London:
"What you need little child is a social impact bond taken out on your life at birth then registered on the blockchain so your data can be virtually monitored for pay for success performance and fully vaccinated. I baptize you in the name of Pfizer, the Vatican Bank and the holy global investment markets in the sea of commerce. Amen."
Sorry Popey Francis, we are sorry to inform you but it looks as though the Vatican and the Vatican Bank with its secret economy and finances operating in the sea of commerce aren't going to "save humanity." It is beginning to look as though the unvaccinated will.
Nobel Prize Winner for Medicine Declares: 'The Non-Vaccinated Will Save Humanity'
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.