monetarism (redirected from Monetarists)

mon·e·ta·rism  (mn-t-rzm, mn-)

n.

1. A theory holding that economic variations within a given system, such as changing rates of inflation, are most often caused by increases or decreases in the money supply.

2. A policy that seeks to regulate an economy by altering the domestic money supply, especially by increasing it in a moderate but steady manner.

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mone·ta·rist adj. & n.

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monetarism

Noun

1. the theory that inflation is caused by an excess quantity of money in an economy

2. an economic policy based on this theory and a belief in the efficiency of free market forces

monetarist nadj

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monetarism

1. an economic theory maintaining that stability and growth in the economy are dependent on a steady growth rate in the supply of money.
2. the principle put forward by American economist Milton Friedman that control of the money supply and, thereby, of rate in the supply of credit serves to control inflation and recession while fostering prosperity. — monetarist, n., adj.

See also: Economics

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an economie theory maintaining that stability and growth in the economy are dependent on a steady growth rate in the supply of money. — monetarist, n., adj.

See also: Money

Thesaurus

Noun

1.

monetarism - an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)