That goes hand in hand with the liberal belief that America has grown rich by impoverishing the rest of the world and that America's impoverishment is necessary to make things right with the world. They are accomplishing that goal perversely by increasing inflation but that new money accrues to the government and steals value from the citizenry by increasing the number of dollars into which the measure of the total value of the economy is divided and keeping the new dollars for itself. That money is to be used and is used to "equalize" and compensate the poor of the world who have been ripped off by previous inflation in America. Actually there are a couple of contradictory fantasies here but liberals and intellectuals are quite capable of believing two or more utterly contradictory things simultaneously and acting on their beliefs.
Value is all well and good but in the market place where we work for a living we deal with prices. Right now an oz of gold sells for 55 oz of silver. In the early '90's it was over a hundred oz silver and a couple decades before that it was less than 20 oz silver.
Like it or not those were the prices. That's why --politics aside-- virtually nobody wants to use gold as money to buy food and shelter.