monetarism

Topic: ECONOMICS

monetarism
noun

mon‧e‧ta‧ris‧m See pronunciation table in "How to use dictionary" pages

[uncountable]

PE the belief that the best way to manage a country's economy is for the government to control and limit the amount of money that is available and being used:

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the monetarism of the 1980s

—monetarist adjective, noun [countable]

a monetarist view of the economy

Definition of monetarism from the Longman Dictionary of Contemporary English within
the topic ECONOMICS

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balance sheet bankrupt(a) bankrupt(v) bankrupt(n) black market boom budget capitalism capitalist cartel commodity consumer consumer goods consumption demand developed diversify downturn economic economics economist economy embargo exchange expenditure fiscal floor free trade GDP goods gross domestic product import(n) import(v) importation importer inflation International Monetary Fund labour market laissez-faire market forces market value monetary outflow peg political economy price index privatization protect protective public service real recession refund slump socioeconomic squeeze(v) squeeze(n) staple stringent subsidy surplus trough trust

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