When Rowan Williams and Dr John Sentamu attacked the plutocrats the story ripped around the world.
The Archbishop of Canterbury quoted Karl Marks, and The Archbishop of York condemned the ‘bank robbers’. The archetypal story ticked all the boxes. Good stands firmly on the moral high ground and attacks evil. Evil is vanquished. The system is cleansed. Good - and in this case - God have triumphed. We all live happily.
The proverbial fly in the ointment is The Church of England’s financial arm - The Church Commissioners. They turned to currency hedging in 2007 to protect some of the churches £5.7 billion central assets. Effectively they were short-selling sterling in the currency markets - not to speculate against falling currencies for profit – but to guard the value of their funds. Whether preserving wealth or making money why do you see the speck that is in your brother's eye, but don't consider the beam that is in your own?