monetarism Antonyms
No Synonyms and anytonyms found
Meaning of monetarism
monetarism (n)
an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money
monetarism Sentence Examples
- Monetarist theory advocates that controlling the money supply is the primary means to regulate inflation and economic growth.
- The key tenet of monetarism is that changes in the money supply directly influence nominal GDP.
- Monetarists believe that central banks should focus on controlling the growth rate of the money supply, rather than interest rates.
- Milton Friedman is widely considered the father of monetarism, with his influential work "A Monetary History of the United States."
- Monetarism gained traction during the 1970s and 1980s, when high inflation was a persistent problem.
- Monetarists argue that excessive money creation leads to price increases, while a contractionary monetary policy can curb inflation.
- Critics of monetarism contend that it is too simplistic and does not account for factors such as financial innovation and asset price bubbles.
- Some central banks have adopted elements of monetarism, such as targeting inflation rates through monetary policy.
- Monetarism has played a significant role in shaping economic policy debates, particularly regarding inflation and the role of central banks.
- The legacy of monetarism continues to influence economic thinking and policymaking, despite the emergence of other economic theories.
FAQs About the word monetarism
an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money
No synonyms found.
No antonyms found.
Monetarist theory advocates that controlling the money supply is the primary means to regulate inflation and economic growth.
The key tenet of monetarism is that changes in the money supply directly influence nominal GDP.
Monetarists believe that central banks should focus on controlling the growth rate of the money supply, rather than interest rates.
Milton Friedman is widely considered the father of monetarism, with his influential work "A Monetary History of the United States."
