Quote from: hugolp on June 04, 2011, 06:51:25 AM

Quote from: icecoins on June 04, 2011, 06:36:48 AM

Then again, could you teach us which are the historical mistakes and which are the wrong and right reasons to criticize central banks?

You give nothing to the comunity by trashing movies without any subtance. We are all here to learn, if you know something we dont know please explain it in detail, you say you studied central banking so why keep the knowledge to yourself.

By the way, for those interested in other opinions: Money Masters Amazon Reviews:
http://www.amazon.com/Masters-International-Bankers-Control-America/dp/B0018IPKCG
Seems that this issue is quite polarized: 24 x 5 stars, 4 x 1 stars and nothing in between!

I would need to do a whole tesis pointing out the faults of The Money Masters. But I will give you a couple of examples:

1. Several quotes in the movie are false. For example, the Jefferson one about banking institution. Another false one is the Woodrow Wilson cite about regreting the creation of the Fed, there is no record that he said it.

2. The Money Masters paints Lincoln as a anti-banker president that fought against the centrallized control of money. It even insinuates in a very obvious way that Lincoln was killed by the bankers as revenge. But in reality Lincoln passed the National Bank Act when the war was finishing that centralized the credit in the big banks of New York and gave them the power to inflate the money supply and charge interest on it. How can you ignore something as big as this? Because it does not fit in the lie they want to sell about Lincoln being anti-banker.

Central banking is a problem, and I want to close the central banks, but that movie is just wrong.

Thanks for sharing those details, but how can you prove those quotes were real or not. In which sources do you base your opinion.

But more importantly, discussing this or that quote of a dead president (which neither you nor me can prove), does not add to the central theme of the movie which is to explain how the financial system operates today. Again why dont you share your views on how central banks really work, what is their purpouse, and what misleading concepts about our current financial system you could see in the movie, to get the opinion that it is completely worthless of watching to educate oneselves about money.