Elder Jeffery R. Holland

https://youtu.be/0bi_LjNB6YY?si=3ovkITCNcH1cKCZ9

Elder Jeffery R. Holland served as a member of the Quorum of the Twelve Apostles of the Church of Jesus Christ of Latter-day Saints from June 23, 1994 to his passing on December 27, 2025.  Prior to serving as an Apostle, Elder Holland was BYU President from 1980 to 1989.  During Elder Hollond's ministry, he gave countless amazing BYU devotionals, and General Conference talks.  Different Apostles tend to reach different people, but I think most agree that there was no other speaker in the Modern Church of Jesus Christ who had a bigger inspirational influence than Elder Holland.  His talks made your bones burn with the Holy Ghost. 

  

Kingdom of Heaven

I think a proper economic and monetary system will be how Satan is bound. Right now, Satan controls the "treasures of the Earth". The first step in cleansing the temple is to overturn the tables of the moneychangers. Is there money in God's Kingdom? Money is a tool. The temple had the temple shekel.

I think the US Constitution Article 1, Section 8 has the key to proper monetary policy by requiring that Congress via the Treasury "Coin the money". Sadly, we don't follow our own constitution and allow banks to create most of the money (virtually) via a fractional reserve monetary system.

Milton Friedman proposed a full-reserve monetary system. Such a system would protect banks from banking runs. Most money is created at loan origination. Governments could collect simple prime-interest on ALL money creation as opposed to only a small fraction and not need to collect other involuntary taxes like income tax.

A cool name for this system would be the "Safety Society System". Local non-profit's (Safety Societies) could approve loans with federal underwriting for real assets like property based on uniform rules of credit worthiness, and only collect a "loan origination fee". The government would collect a simple prime interest to control inflation and M2 (money supply). Unlike the amortized mortgage, (double death), home owners in SSS would begin to build equity from the start. This equity is a built-in insurance system, missed payments are deducted from equity. Homes prices are a major driver of inflation. In SSS, home prices are stable.

Communities and corporations apply for loans based on projected proceeds of an approved sales tax. or combined credit of all employees, Mining companies can get a loan based on value of proven mineral value in the ground with benefits going towards residents who equally share mineral rights.