Orthodox thought doesn't encompass economics in an authoritative way. This is not an instruction. Like the man said, it's an exhortation. They do it all the time.
The Vatican is not a corporation. It's a College of Cardinals, which is a lot like any other college or university—which institutions the Church invented, by the way. Cardinals are free to talk and make pronouncements, some of them stupid—such as virtually anything that comes out of Justice and Peace.
The only teachings that are instructive or normative or dogmatic are those that the Church identifies as such. They're all on faith and morals, not politics or econ, and there are no surprises. It's funny. Non-Catholics and fallen-away Catholics are scandalized by two things: the Church's diversity of opinion on secular matters, and the Church's unanimity on faith and morals. Most of them seem to wish it were the other way around.
If Justice and Peace comes out tomorrow morning and says the Trinity doesn't really describe God, their offices will be closed that afternoon, pending a long inquiry and an invitation to the Cardinal in question to spend the rest of his life in quiet contemplation.
Is there any other Vatican institution that is advising world leaders that a single world currency would be a terrible idea?
That’s a real question. Are there institutions within the Vatican that argue free market principles? Why is it we only hear from the Marxists?
LOL.
No, "the Vatican" is not "a" corporation.
The RCC, however, is THE corporation.
The ONLY corporation.
And it has... a LOT of... subsidiaries... LOL...
Orthodox thought doesn't encompass economics in an authoritative way.
Including the mega-billions in the Vatican Bank and its controlling links with The City and Wall Street, which should not in any way be considered "authoritative."
LOL.
Don’t look now but Drudge has this story right under a big picture of Benedict.
Is this the organization we are talking about?
Reading this I think it is completely fair to say they speak for the Vatican on these matters. They were given this authority by two Popes.