End of the Road: How Money Became Worthless | movie | 2012 | Official Trailer - video Dailymotion

Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and ange | dG1fcDUtU3lVVURoenc

Transcript

00:00One morning we will wake up and find that we are in a very different world.

00:07There's angst out there and I think if you talk to people on the street today,

00:14they would tell you, I don't know what's causing all this, but this just doesn't feel normal to me.

00:20What's happening has happened many, many times in the past,

00:26except this time it's simultaneous all across the planet.

00:29In 2009 and 2010, what happened was the crisis was papered over through bailouts, guarantees, money printing.

00:39But in the long run, none of the problems were solved.

00:46By creating money out of nothing and flooding it into the economy, they're not really solving the problem.

00:51What they're doing is pushing it off a little bit into the future and making it worse.

00:56Do we keep going down this road? Do we print more money?

01:01This is where people could lose faith entirely in the currency and the currency could collapse.

01:06I think you're going to see a very rapid decline in the value of the dollar in a matter of days.

01:13There have been dozens and dozens of currency collapses since the end of the Second World War.

01:18And they all result from the same thing. Bad policies, bad management.

01:22A lot of people have been buying the dollar as a safe haven.

01:26But what if the fear trade is afraid of the dollar?

01:29They have to continue expanding the money supply, otherwise the system is going to die.

01:38Politicians talk about paying down the debt. You can't do that without collapsing the entire economy.

01:44All the politicians are in a situation where if they don't come to the rescue, we could just have an overnight shutdown.

01:50So there's always this wish to kick the can down the road.

01:53But the problem is we've run out of road. There is no place to kick the can anymore. We've got to deal with the can.

01:59The reason why we can.

02:19The reason why we can't this isaptode.

02:24Available now on iTunes.