Lenny D. answered • 04/10/19
Tutor
4.8
(563)
Former Tufts Economics Professor and Wall Street Economist
It will be very difficult to control the quantity of cattle. Physical delivery of cattle is difficult athough, that could be remedied by exchanging certicates of ownership. There will be a large incentive to breed cattle which would be inflationary. A bout of hoof and mouth disease or mad cow disease could radically reduce "the money supply)
