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Not gold, but some countries do work to an officially restricted money supply! Those that have officially dollarised, e.g. El Salvador and Ecuador.
I’m familiar with .sv. The government is horribly constricted - because they can’t print money and the populace doesn’t trust them to print money - so every year it’s more sovereign bonds. Then a fuckwit like Bukele comes along and thinks that bitcoins will make anything better and not worse.
So yeah, turns out past 1930 that not being able to do monetary policy fucking sucks.
I liked this comment on the HN post: