Revelation 3:17

I am rich, and increased with goods The words in the original are cognate, as it were, "I am rich, and have gotten riches." If there be any distinction of sense between them, the second expresses pride in the riches being his own acquisition, in addition to self-complacency in the enjoyment.

For the sense, cf. Hosea 12:8, where apparently the self-complacency in material prosperity lends itself to and combines with religious self-satisfaction. Hence it is not necessary to interpret these words either of material wealth, or of fancied spiritual wealth, to the exclusion of the other. St James 2:1-6 shews that in the first century, as in the nineteenth, the "respectable" classes found it easiest to be religious, to their own satisfaction.

that thou art wretched Inadequate: read that thou art the wretched and miserable one, &c.: the one person truly to be called so, above all others at least, above all the other six Churches.