You could trade gold for almost anything. So, anyone who had enough gold could afford most of things - without worrying about the reason the gold is valued. M

You could trade gold for almost anything. So, anyone who had enough gold could afford most of things - without worrying about the reason the gold is valued. Many smart people work for Google and Facebook and a lot of them do not care about negative effect of ad economy on the society because the wages which they pay enables them to afford a house in a good locality and good enough lifestyle and probably interesting work. Most people don't look at things from fundamental level.