Originally Posted by
miyay
i used to think that for RC, JESUS CHRIST IS KING. now knowing their propensity to save excessively thru investing, acquiring of real estate, operating of non-profit daw na schools, i think for RC, CASH IS KING!
Here's a little history for you and to those who share your views.
The Knights Templar were a monastic military order formed at the end of the First Crusade with the mandate of protecting Christian pilgrims on route to the Holy Land. Never before had a group of secular knights banded together and taken monastic vows. In this sense they were the first of the Warrior Monks.
From humble beginnings of poverty when the order relied on alms from the traveling pilgrims, the order would go on to have the backing of the Holy See and the collective European monarchies.
Within two centuries they had become powerful enough to defy all but the Papal throne. Feared as warriors, respected for their charity and sought out for their wealth, there is no doubt that the Templar knights were the key players of the monastic fighting orders. Due to their vast wealth and surplus of materials the Templars essentially invented banking, as we know it. The church forbade the lending of money for interest, which they called usury. The Templars, being the clever sort they were, changed the manner in which loans were paid and were able to skirt the issue
source
In short, the Church invented banking.