End of the Road: How Money Became Worthless

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.

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'.

I wonder if this documentary was put together with the insight of that book???

The book is called Economic Regression "A Guidebook for when money is useless"

The book's premise is when money, gold, and anything perceived as valuable, becomes worthless in the eyes of men.

It follows the perspective of 6 kinds of people, from an American Family of 4, a multi-billion dollar international company CEO, The Amish, Amazon Tribe, etc..

The engineering in the book is all doable and the formulas are real for things like Bio-Diesel, beer, alcohol, and more..

Not to give the story away, the Amish do not fair well. People know they do not need money to survive, which ends bad for the Amish.

On kindle and amazon..

At the end of the day it's either you've heard this too many times or you're hearing it for the 1st time. The latter will likely make it very interesting and cause the mind to put conspiracies together. Yet, the fact is it's more plausible to believe that 1. Gold is another form of investment, whether that's a physical object or not. You almost can't spend gold or want to carry it around, it's the physical version of the same wool they pull over your eyes on a government level. 2. On an investment level it is a decent investment if you plan to hold for 30 years to overcome markup costs when you purchase, at least until they develop or make commercially available the process to make gold.

This is the best film I have seen, so far, that explains how the world economy works, how money changes hands, and how bills get paid. A great documentary that explains why all countries are in big economic trouble, as those interviewed explain. Right now, all the various monetary exchanges are based on everyone's trust in the US government's currency. The US currency is no longer backed by gold, but on everyone's confidence in the US currency. That is what's backing US currency. Actually, this is so scary that we may be better off putting money under the mattress than in a bank. Everyone who has one dollar to their name should watch this film.