Monetarist: meaning, definitions and examples

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monetarist

 

[ หˆmษ’nษชtษ™rist ]

Noun
Context #1 | Noun

economic theory

A monetarist is an economist who believes that variations in the money supply have major influences on national output in the short run and the price levels over longer periods. Monetarism is grounded in the idea that the control of the money supply is the most effective way to regulate the economy. Monetarists argue against fiscal policy as the primary tool of managing economic stability, emphasizing instead the importance of the monetary policy set by the central bank. They believe a steady, predictable increase in money supply is essential for sustainable economic growth.

Synonyms

economist, financial theorist

Examples of usage

  • The monetarist approach suggests controlling inflation.
  • Many central banks adopt monetarist policies.
  • Monetarist theory has shaped modern economic policy.

Translations

Translations of the word "monetarist" in other languages:

๐Ÿ‡ต๐Ÿ‡น monetarista

๐Ÿ‡ฎ๐Ÿ‡ณ เคฎเฅŒเคฆเฅเคฐเคฟเค•เคตเคพเคฆเฅ€

๐Ÿ‡ฉ๐Ÿ‡ช Monetarist

๐Ÿ‡ฎ๐Ÿ‡ฉ monetarist

๐Ÿ‡บ๐Ÿ‡ฆ ะผะพะฝะตั‚ะฐั€ะธัั‚

๐Ÿ‡ต๐Ÿ‡ฑ monetarysta

๐Ÿ‡ฏ๐Ÿ‡ต ใƒขใƒใ‚ฟใƒชใ‚นใƒˆ

๐Ÿ‡ซ๐Ÿ‡ท monรฉtariste

๐Ÿ‡ช๐Ÿ‡ธ monetarista

๐Ÿ‡น๐Ÿ‡ท monetarist

๐Ÿ‡ฐ๐Ÿ‡ท ํ†ตํ™”์ฃผ์˜์ž

๐Ÿ‡ธ๐Ÿ‡ฆ ู†ู‚ุฏูŠ

๐Ÿ‡จ๐Ÿ‡ฟ monetarista

๐Ÿ‡ธ๐Ÿ‡ฐ monetarista

๐Ÿ‡จ๐Ÿ‡ณ ่ดงๅธไธปไน‰่€…

๐Ÿ‡ธ๐Ÿ‡ฎ monetarist

๐Ÿ‡ฎ๐Ÿ‡ธ peningastefna

๐Ÿ‡ฐ๐Ÿ‡ฟ ะผะพะฝะตั‚ะฐั€ะธัั‚

๐Ÿ‡ฌ๐Ÿ‡ช แƒ›แƒแƒœแƒ”แƒขแƒแƒ แƒ˜แƒกแƒขแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ monetarist

๐Ÿ‡ฒ๐Ÿ‡ฝ monetarista

Etymology

The term 'monetarist' derives from the word 'monetarism', which was first popularized in the 1970s and is primarily associated with economist Milton Friedman. Monetarism itself is built upon classical economic ideas, emphasizing the control of money supply as a key factor in managing the economy. The label 'monetarist' emerged to categorize those economists who advocate for this monetary-focused view, distinguishing them from Keynesian economists who emphasize fiscal policy. Monetarist theories gained significant traction during periods of high inflation and economic instability, leading to a shift in monetary policy approaches in many countries. The principles formulated by monetarists have had lasting impacts on economic thought and policy.

Word Frequency Rank

This word's position of #31,545 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.