monetarism Hear it!

monetarism Definition

mon·etar·ism (mänə tər iz′əm)

noun

a theory which holds that economic stability and growth result from maintaining a steady rate of growth in the supply of money

monetarism Usage Examples

Converse of object

  • lapse: Just as the fine tuners had in the 1970s given way to the monetarists, so now monetarism lapsed into fine tuning.