Meaning of the word monetarism in English
What does monetarism mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
monetarism
US /ˈmʌn.ə.tɚ.ɪ.zəm/
UK /ˈmʌn.ɪ.tər.ɪ.zəm/
Noun
the theory or practice of controlling the supply of money as the chief method of stabilizing the economy
Example:
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The government's economic policy was heavily influenced by monetarism.
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Critics of monetarism argue that it ignores other important factors like unemployment.