I think you are wrong. Maybe a few thousand dollars isn't enough to make a movie with good production values. But there are lots of low budget movies that are

I think you are wrong. Maybe a few thousand dollars isn't enough to make a movie with good production values. But there are lots of low budget movies that are amazing works of art. Also, a lot of movies made with massive budgets "aren't worth watching". Clearly the funding isn't directly correlated to the quality of the film.