"Zimbabwe introduces new gold-backed currency to tackle inflation"
This is like the movie back to the past, the human being is the only animal that stumbles twice against the same stone.
https://www.aljazeera.com/news/2024/4/5/zimbabwe-introduces-new-gold-backed-currency-to-tackle-inflation
Wasn't a failure the first time, they just hated that it restricted them. 😂
Please Login to reply.
Which means they'll get tired of it again when the dust settles...
Works just fine for the average people.
Of course any time you move away from the actual metal by weight, your intent is to start cooking the books.