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The Confidence Game – Grant Williams

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  • Tue, Mar 29, 2011 - 07:09pm


    Johnny Oxygen

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    The Confidence Game – Grant Williams

The Confidence Game – Grant Williams

Through the years, the term ‘Confidence Trick’ has been shortened to ‘con’ (also known as a bunko, flim-flam, gaffle, grift, hustle, scam, scheme, swindle or bamboozle) and has become a catch-all for any ruse designed to dupe someone into believing something that isn’t true in order to relieve them of something of value.


 …Now, it seems quite reasonable to assume that, ultimately, at its base, this is all about confidence. If people are confident about their own prospects as well as those of the economy as a whole, they will be happier to spend their money. If they spend that money then other people will make more ‘stuff’ for them to spend it on which, in turn will put more money in the pockets of those making that ‘stuff’ who will then go out and buy ‘stuff of their own. Everybody ends up with a lot of ‘stuff’ which makes everybody happy. Stuff equals happiness. There. Economics for Dummies.

…The problem comes when, despite plenty of talk about things getting better from those elected to make us all happy, despite us being told that disaster has been averted, that unemployment lines are getting shorter and that things are definitely on the up, confidence wanes and people just stop believing. When that happens, the trouble begins.

…In any confidence trick, there are two parties. One is the ‘confidence man’ or ‘grifter’,the other is the ‘mark’. according to wikipedia:

…Confidence men or women exploit characteristics of the human psyche such as greed, both dishonesty and honesty, vanity, compassion, credulity, irresponsibility, naïveté, and the thought of trying to get something of value for nothing or for something far less valuable.

Look around you today and you will see an endless stream of politicians, Central Bankers and Heads of State telling us that things are on the mend and that we should be confident about the future. These people are most definitely trying everything they can to appeal to the human psyche.

And as we know, there are two parties to every confidence trick…







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