Documentary: End of the Road Summary

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End of the Road is a documentary that records 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 decisions made after WW2, to the current troubles facing us today, and to the possible devastating future that may await us all. Some of the world's top economic minds share the hidden story 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. With inflation rising larger than incomes received, people will continue to fall into more and more drastic measures to support their standard of living. When the federal government is saying there is less inflation than there is, but it’s noticeable in the price of goods, people begin to lose trust in the economy. They don’t truly understand how it affects people on a personal level. We have nothing left to back up the current currency being printed due to Nixon’s termination of the gold standard leaving the world’s economy to fend for itself. The government degrades the side affects of the economy that has produced higher inflation costs, creating more money than what is being backed up, and cronyism. They are not solving the problem; they are just pushing it further into the future and making it worse. The system as it is structured, requires the government to continue adding currency into the system otherwise the system is going to die. Unfortunately as the government continues down this path, the deficit grows. A bigger problem will arise when other countries no longer trust the US dollar system and demand a balanced economy. It was interesting. Currency is so abstract and the '08 free fall illustrates just

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