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It does not have a great deal of industrial productive value (although it has some), but why is that a problem?
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Put simply, the mass destruction of farming jobs allowed for the redirection of precious human capital toward more productive, higher value work.
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Private investors will not commit capital to productive assets when the value of those assets is losing ground to inflation.
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He loves the idea of being productive and creating something of value for people.
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As the economy grows, so does the value of the productive assets in it.
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When kids learn to grow vegetables, they learn not only how to eat in a healthy way but how to be productive and are armed with a value system that will help them to navigate in their lives -- values such as patience, appreciation, sharing, honesty and respect.
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Parents can embrace teaching moments and have children learn more about the value of money while learning to be a productive person.
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No doubt there is one, but this isn't due to money being too expensive as much as it's the result of capital flowing to non-productive, hard assets that tend to perform best when money is losing value.
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If they then start to actually use that investment in some productive way that pays wages and earns a profit, then they start to generate additional value-added from that activity, and that value-added continues to be created as long as they keep doing that productivev activity.
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Investors in gold might get a store of value (although that rather depends upon when you buy and sell) but investors in productive assets are gaining rents, incomes, dividends over the years.
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