SYNOPSICS
End of the Road: How Money Became Worthless (2012) is a English movie. Tim Delmastro has directed this movie. Adam Fergusson,G. Edward Griffin,Mike Maloney,Bill Murphy are the starring of this movie. It was released in 2012. End of the Road: How Money Became Worthless (2012) is considered one of the best Documentary movie in India and around the world.
Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse. Told in an entertaining and easy to follow style, the film tells the story of how the world came to be in such a state, from the seeds sown after WW2, to the current troubles facing us today, and to the possible future that may await us all. Some of the world's top economic minds share the hidden tale behind the mishandling of the world's finances, give insight into how bad policy and a flawed monetary system joined together to create a catastrophe, as well as sharing their own personal advice on how the average person can best prepare for their financial future.
End of the Road: How Money Became Worthless (2012) Trailers
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End of the Road: How Money Became Worthless (2012) Reviews
Goldfinger
END OF THE ROAD-HOW MONEY BECAME WORTHLESS (dir. Tim Delmastro) This is not really a documentary, but an infomercial for companies featured in the film that specialize in gold investments. All the 'experts' are really employees of these firms, and their aim is to have you consider what they are selling because they insist that the implosion of the world's currency markets is just around the corner. However, if all the governments of the globe actually did simultaneously collapse, a stockpile of gold bars would provide little solace. You can't eat gold, and I doubt if you could get many of the survivors to agree on how much it would be worth in this hypothetical, post-apocalyptic future. Money offers a quantitative measure of value that is not found in gold or barter, and although the film correctly posits that all fiat currency economies (those not backed by gold) ultimately fail, this is actually no more true than observing that 'all economies fail over time'.
Ignore the negative reviews, they are the real propaganda
Some people apparently wrote some negative reviews about this documentary. They mention that the documentary is about propaganda from "neo-cons" and "gold dealers". This is a lie, the documentary interviews people who understand the situation and many of the people interviewed predicted economic events, because they understood the reasons. The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning. The documentary contains some great information and is highly recommended if you want to learn more about the real economy. 8/10
False advertising and horrible propaganda
I expected to see an interesting narrative of the financial crisis, based on the summary provided. I can hardly express how disappointed I was. First, there are very questionable arguments on the causes of the financial crisis and the state of the world. Some issues are very real and somewhat accurately described, such as the problem of debt accumulation, global trade imbalances and the relative stability that was seen during the Bretton Woods decades. However, the argument that the world is heading to hyperinflation? Vastly exaggerated, as many countries actually could do with a little more inflation. One author says that it's ironic that Occupy Wall Street and similar movements want more state involvement (social security etc.) since it was precisely this that brought on the crisis. It is extremely odd to say that it was too much state involvement, since it was exactly the opposite. Deregulation of the financial sector allowed it outgrow the real sector and economic growth in general to be dependent on debt and the growth of the aforementioned sector. Too easy to make financial short-term cross- border investments, and more. Second, it promises "top economic minds". Myself, I am an economist have never heard of any of these people. I had to google them, which produced virtually no scholarly results and very questionable material in general. Which leads me to point 3... Third, vested interests. There aren't even any scholars. Instead, all of the participants are people owning or working for financial services firms or websites trying to sell gold. Given the conclusion that you should invest all your money in gold, this is not surprising. Finally, only including relatively old white fellows doesn't make it more exciting. You couldn't find one woman or someone with a different ethnicity that had a website selling gold...? Go see for example "Inside Job" instead of this Austrian Economics propaganda, a group I hoped would have been disintegrated about 40 years ago.
Very Suspicious...
When compared to other documentaries such as "Inside Job" or "The Flaw" this film lacks serious credibility. I don't require that all opinions come from PhD's from Yale and Duke. However, I looked up the men from this film and they appear to be gold hucksters. This film does highlight how Nixon's reasons for departing from the Bretton Woods Agreement are interesting especially if you listen to his "defending the dollar against speculators" excuse. However, a good deal of the accompanying rhetoric is questionable to me. You can't ridicule a guy who claims the sky is falling. Someday it might, but I do question those who try to cash in on it.
Interesting but questionable
It was interesting. Currency is so abstract and this and the '08 free fall illustrates just how convoluted it's become. I'm not sure 'ponzi scheme' is the best analogy for the global finance situation we're in. A single investment scheme and world markets regulated or controlled by governments are very different beasts. Every recession or depression brings inflation. Only time will tell how much. I'm skeptical about the insistence that gold is still the most real money. I'm no expert but it seems we've moved too far beyond that. I just wonder with the CEO of a gold selling website going on and on about it, that there's a conflict of interest and they may be inflating things to drum up gold sales. If I had money to save I might consider some gold just in case, to diversify. But if you have a gold bar and the economy completely tanks, I don't think there's much good that bar will do. It's not going to buy food.