Monetarism
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Monetarism is a noun meaning (economics) The doctrine that economic systems are controlled by variations in the supply of money.
Meaning
(economics) The doctrine that economic systems are controlled by variations in the supply of money.
More Meanings
- (economics) The political doctrine that a nation's economy (in particular inflation) can be controlled by regulating the money supply.
Example Sentences
Monetarism, you see, has two components. The first is that the central bank should try to control the money supply. In light of the Bank's report that part of the monetarist doctrine is now a dinosaur fit only to be displayed in the museum of failed economic ideas. […] Indeed, this second component of monetarism is one of the primary culprits behind the economic crisis that we have been living through for the past five years.
Word Forms
- monetarisms
Related Words
Related dictionary entries include moneyism, chartalism, monetarization, monetization, mercantilism, macrocontrol.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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