monetarism

noun

mon·​e·​tar·​ism ˈmä-nə-tə-ˌri-zəm How to pronounce monetarism (audio)
 also  ˈmə-
: a theory in economics that stable economic growth can be assured only by control of the rate of increase of the money supply to match the capacity for growth of real productivity
monetarist
ˈmä-nə-tə-rist How to pronounce monetarism (audio)
 also  ˈmə-
noun or adjective

Examples of monetarism in a Sentence

Recent Examples on the Web
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In the aftermath of 2008, when central banks aggressively grew the money supply, many economists leaned on monetarism to predict imminent hyperinflation. Philipp Carlsson-Szlezak and Paul Swartz, TIME, 31 July 2024 Hammered into generations of students, monetarism—the school of thought that linked growth in money supply and inflation—has enduring appeal even as empirical failures have accumulated. Philipp Carlsson-Szlezak and Paul Swartz, TIME, 31 July 2024 The influence of Milton Friedman’s monetarism For Thatcher, inflation was both a moral and an economic issue. Tim Lankester, Fortune, 16 May 2024 The theory’s monetarism—the policy of using the money supply to influence the whole economy instead of relying on complicated legislative decisions around taxing and spending—was similarly elegant and apolitical. Felicia Wong, Foreign Affairs, 19 Oct. 2021 See all Example Sentences for monetarism 

Word History

First Known Use

1963, in the meaning defined above

Time Traveler
The first known use of monetarism was in 1963

Dictionary Entries Near monetarism

Cite this Entry

“Monetarism.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetarism. Accessed 24 Nov. 2024.

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