Have you checked on what has happened with indulgences lately? Are you sure about that statement??
Do a search for The Catechism of the Catholic Church.
I've studied the history of indulgences for years. And yes, I know that the Catholic sites disclaim the existence on indulgences. I happen to believe that indulgences are as rampant today as they were the day that Martin Luther nailed his theses on the door.
How else could all these priests walk away scott free after molesting boys for so many years.