Monetarist: meaning, definitions and examples
๐ฐ
monetarist
[ หmษnษชtษrist ]
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:
๐ต๐น monetarista
๐ฎ๐ณ เคฎเฅเคฆเฅเคฐเคฟเคเคตเคพเคฆเฅ
๐ฉ๐ช Monetarist
๐ฎ๐ฉ monetarist
๐บ๐ฆ ะผะพะฝะตัะฐัะธัั
๐ต๐ฑ monetarysta
๐ฏ๐ต ใขใใฟใชในใ
๐ซ๐ท monรฉtariste
๐ช๐ธ monetarista
๐น๐ท monetarist
๐ฐ๐ท ํตํ์ฃผ์์
๐ธ๐ฆ ููุฏู
๐จ๐ฟ monetarista
๐ธ๐ฐ monetarista
๐จ๐ณ ่ดงๅธไธปไน่
๐ธ๐ฎ monetarist
๐ฎ๐ธ peningastefna
๐ฐ๐ฟ ะผะพะฝะตัะฐัะธัั
๐ฌ๐ช แแแแแขแแ แแกแขแ
๐ฆ๐ฟ monetarist
๐ฒ๐ฝ 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.
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- 31542 chastising
- 31543 crooned
- 31544 recessionary
- 31545 monetarist
- 31546 remediable
- 31547 reclusive
- 31548 kola
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