Hare Krsna
As stated in Srimad-Bhagavatam 7.14.8 :
One who accumulates more money than needed is a thief, and by the laws of nature he will be punished.
What happens when one starts accumulating money like that?
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" This verse is very important. As stated here, one who accumulates more money than needed is a thief, and by the laws of nature he will be punished. One who acquires more money than necessary becomes desirous of enjoying material comforts more and more. Materialists are inventing so many artificial necessities, and those who have money being allured by such artificial necessities, try to accumulate money to possess more and more. This is the idea of modern economic development. Everyone is engaged in earning money, and the money is kept in the bank, which then offers money to the public. In this cycle of activities, everyone is engaged in getting more and more money, and therefore the ideal goal of human life is being lost.Concisely, it may be said that everyone is a thief and is liable to be punished.
Punishment by the laws of nature takes place in the cycle of birth and death. No one dies fully satisfied by the fulfillment of material desires, for that is not possible. Therefore at the time of one's death one is very sorry, being unable to fulfill his desires. By the laws of nature one is then offered another body to fulfill his unsatisfied desires, and upon taking birth again, accepting another material body, one voluntarily accepts the threefold miseries of life. "
Srimad-Bhagavatam 7.14.8 Purport
All glories to Srila Prabhupada and the devotees
Please accept my respectful obeisances
Hare Krishna
Dear Madhava Prabhu,
The answer is in the purport that you have quoted:
"One who acquires more money than necessary becomes desirous of enjoying material comforts more and more." — ŚB 7.14.8 Purport
If one is not Krishna conscious, possessing more money than what is required simply for keeping the body and soul together enables one to enjoy material pleasure unrestrictedly, which is sinful and demonic.
Your servant,
Luca Bertoni
https://bhaktaluca.wordpress.com/
Yes Prabhu,
It is also explained in Bhagavad-gita that a demonic person thinks, " So much money I have today, it will increase through my schemes, it will become more and more in future, thus, I shall enjoy. "
Bg 16.13-15
Hari bol
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