Some think Bible teaches this. But many examples of rich believers in Bible. Jesus says rich can get into heaven, but it's a lot harder for them. But we know better - all others pay cash. Wealth can be an attempt to buy a little piece of heaven here on earth, at the expense of genuine heaven in the life to come.
Money becomes their god.
Here come de judge. Rich are hoarding up wealth in this period. Standard expression of time before Second Coming. Condemnation is not future, but present. The rich are being condemned right now.