Orrin Woodward LIFE Leadership Team

Winner of the 2011 Independent Association of Business Top Leader Award; Orrin Woodward shares his leadership secrets.

Federal Reserve – An Honest Dollar?

Posted by Orrin Woodward on August 24, 2009

In 1913 there were two big issues in our Congress.  The enacting of the Federal Reserve and the introduction of a Federal Income Tax.  Who said the number 13 was unlucky?  They may be on to something.  Ron Paul states that our dollar is worth only $.04 compared to one dollar in 1913 at the founding of the Federal Reserve.  Did you get that?  Our USA money has been inflated 25 times since 1913!  Inflation is a form of secret tax that drains away net worth without Congress having to approve unpopular higher taxes.  Oh what I would do for more honest men to lead our country!  Watch the video and ponder how inflation kills honest savings and productive effort by bleeding away its value.  God Bless, Orrin Woodward

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