Source: Cobden Centre
by Max Rangeley
“How to safeguard the human person in the time of artificial intelligence? It is hardly a surprise that Pope Leo XIV in answering that question in his first encyclical does not include money as part of the solution. More is the pity. The present unsound money regime has abetted vast malinvestment in the digital revolution now in its AI phase. Malinvestment takes various forms and is driven by mal signalling in capital markets caused by monetary inflation. Alongside the legal and constitutional backbone of the free-market economy falters. The build-up of the surveillance state is one consequence. All of this endangers ‘the human person.'” (06/18/26)
https://www.cobdencentre.org/2026/06/sound-money-artificial-intelligence-and-the-pope/