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Pope: regulating finance, speculation is unsustainable

2021-05-04T22:57:07.562Z


Pope Francis asks to regulate finance because the situation, due to speculation, has become "unsustainable". (HANDLE)


(ANSA) - VATICAN CITY, MAY 04 - Pope Francis asks to regulate finance because the situation, due to speculation, has become "unsustainable". "While the real economy, the one that creates jobs, is in crisis - how many people are out of work! - the financial markets have never been as hypertrophic as they are now. How far is the world of big finance from most people's lives!" says the Pope in the video message for his intentions to pray for the month of May. "Finance, if not regulated, becomes pure speculation animated by monetary policies. This situation is unsustainable. It is dangerous". (HANDLE).


Source: ansa

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