How about this - X units of gold are produced each year. Then all of a sudden it's cheaper to mine gold, but magically still only X units of gold can be mined e

How about this - X units of gold are produced each year. Then all of a sudden it's cheaper to mine gold, but magically still only X units of gold can be mined each year. What happens to the price of gold? What if less than X units are mined? From what I understand, ETH issuance rate is going to go down after the merge.