Vatican City, May 4, 2021 / 08:46 am
Pope Francis is asking Catholics to pray throughout May for the regulation of financial markets to “protect citizens from its dangers.”
“How far is the world of big finance from most people’s lives. Finance, if not regulated, becomes pure speculation animated by monetary policies. This situation is unsustainable. It’s dangerous,” Pope Francis said in a video message released May 4.
“To prevent the poor from paying the consequences again, financial speculation must be strictly regulated.”
Let us #PrayTogether that those in charge of finance will work with governments to regulate financial markets and protect citizens from its dangers. #PrayerIntention pic.twitter.com/NYJ2FdeRm0— Pope Francis (@Pontifex) May 4, 2021