George Bernard Shaw: Vote Gold
on Friday, October 9, 2020George Bernard Shaw Money Quote saying given the choice between members of government and value of gold, a capitalist system will lean toward gold. George Bernard Shaw said:
“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold” — George Bernard Shaw
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George Bernard Shaw is contrasting trusting in the stability of gold versus trusting in the honesty and intelligence of government. He argues that as long as a capitalist system exists, it is better to put one’s trust in gold rather than government.
Shaw seems to be suggesting that gold maintains a more stable and predictable value over time compared to the policies and actions of those in government which can be subject to political pressures and changes in leadership.
Overall, Shaw is advocating that under a capitalist economic system, it is a safer bet to tie one’s assets to the value of gold rather than leaving it up to the discretion of those governing at any given time.
Birthday: July 26, 1856 – Death: November 2, 1950