The Confidence Game Has Been Around Forever

Posted Mar 25, 2016 by Martin Armstrong

QUESTION: Mr. Armstrong; Is it true that the central banks have been lying to us to create a false sense of confidence in order to reverse the economy? Is this part of their agenda?
Thank you
UB

ANSWER: It has always been a confidence game. Those in power are constantly trying to boost confidence of the people in order to stabilize their control over society. Here is a Roman coin from the “tetrarchy” period of Diocletian & Maximianus. The term  meant “leadership of four “  whereas there had been a chaotic period over more than 20 emperors coming to power to be overthrown by another. There was no political stability. The emperor Diocletian sought to create political stability and established the tetrarchy where there were two emperors and two “Caesars” who were like Vice President in waiting. The power of governing the Empire was split which marked the end of the Crisis of the Third Century. Diocletian and Maximianus were the first and only emperors to retire.
The most common coin minted during this period displayed Genius on the reverse holding a patera which was a bowl into which you poured wine and said a prayer. This practice extended back to the Bronze Age and remains with us today as many say a prayer before eating a meal of thanks as we celebrate even Thanksgiving. This was clearly an attempt to invoke the confidence of the people.
In Roman religion, the “Genius” was the spirit of a general divine nature that is present within every individual person, place, or thing. We still call this today our guardian angel. This was a Roman belief adopted by Christianity. The Genius was thus a guardian angel who would follow each man from the hour of his birth until the day he died. For women, it was not Genius but the Juno spirit that would accompany each of them. This concept of a guardian angel even predated Romans for the Greeks called their guardian angels “daemons” which perform the same function.
So here, the coins are trying to invoke confidence that the Genius of the Roman people was there to protect them and with prayers in one hand and the promise of the good old days in the other with the cornucopia. Today, we call someone smart a “genius”, someone possessed with evil motives has a “demon” inside them, and the rest of us are watched over by guardian angels. These are very old concepts and they were meant to provide trust and confidence in life.
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/the-confidence-game-has-been-around-forever/