Although the comparisons aren’t exact, it’s typical of government: in the 1890s, to appease the silver lobby, Congress passed the Sherman Silver Purchase Act, requiring the government to buy all silver at the price of 16 1/2:1 relative to gold-—but the market price was 17:1, and the silver advocates wanted 16:1. Typical halfmeasure, that led to an economic collapse-—one of the worst of the 19th century.
Unprecedented.