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monetarism
[ mon-i-tuh-riz-uhm, muhn- ]
noun
- a doctrine holding that changes in the money supply determine the direction of a nation's economy.
monetarism
/ 藞尘蕦苍瑟迟蓹藢谤瑟锄蓹尘 /
noun
- the theory that inflation is caused by an excess quantity of money in an economy
- an economic policy based on this theory and on a belief in the efficiency of free market forces, that gives priority to achieving price stability by monetary control, balanced budgets, etc, and maintains that unemployment results from excessive real wage rates and cannot be controlled by Keynesian demand management
Derived Forms
- 藞尘辞苍别迟补谤颈蝉迟, nounadjective
Other 亚洲网紅露点 Forms
- 尘辞苍顎侥路迟补路谤颈蝉迟 noun adjective
亚洲网紅露点 History and Origins
Origin of monetarism1
Example Sentences
But Labour grandee Lord Blunkett wants Reeves to "loosen a little the self-imposed fiscal rules", calling them "Treasury orthodoxy and monetarism at its worst".
Jay used his columns to promote "monetarism" in England.
The influence of the econcons peaked in the late 1970s with Milton Friedman's monetarism and Arthur Laffer's curve.
Yet even Volcker, who pioneered the use of monetarism at the Fed, ultimately abandoned a strict reliance upon money supply growth in managing the economy.
鈥淚 wrote 70 percent of that criticism myself. When I became editor of the Times, I continued to criticize monetarism.鈥
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