Fiscal or Monetary? Both, Please (and the Case for Commodities)

The historian AJP Taylor once observed that “until August 1914 a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state, beyond the Post Office and the policeman”. 

How times have changed. Leaving aside the fact that he overlooked 50% of the population in that breezy statement, the state has expanded dramatically. 

You can now read the full whitepaper at the link below