The Midas story was not about inflation but how being motivated by extreme greed can lead to the downfall of the person pursuing it. (Easy fix: Touch + Passphrase = Gold :P)
I think theres a slightly deeper meaning in there in that, money in and of itself is never the end goal. Gold is not the thing that anybody really wants, it's the things gold gets.
That is true for anything that is used as a medium of exchange/store of value. But it goes father to prestige, reputation social standing, it is what those things enable that attracts.
