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Pronunciation varies by accent · noun
(economics) The doctrine that economic systems are controlled by variations in the supply of money..
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.
Use monetarism when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Monetarism means (economics) The doctrine that economic systems are controlled by variations in the supply of money..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
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.
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