| From The-vibe.co.uk: Founded in 1942 by Pope Pius XII (another pope with a somewhat ambiguous attitude towards the cause of international fascism), the Vatican Bank’s mandate is to: “provide for the safekeeping and administration of movable and immovable property transferred to or entrusted to it by physical or juridical persons and intended for works of religion or charity”. In practice, it has become the Vatican City’s own sovereign wealth fund.
Beyond simply “safeguarding” the Vatican’s assets, it has, over the years, become a very profitable business which has veiled its shamelessly capitalistic activities behind a veil of devout, religious sanctions..............................................Full Article: Source
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