Vatican hypocrisy

[dazzleman]

Um, wouldn't it be smarter to use the land, buildings, art, and wealth as collateral on loans than to sell it off for a one time profit?

This would be a much better use of the hoard, but apparently they haven't figured it out yet.

A loan against those things isn't a good idea unless they produce income.  If they don't produce income, and you borrow money and give it away, how do you pay off the loan, other than by selling the asset?  Borrowing without income is simply delayed selling.