: 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
Recent Examples on the WebThe long denial of the importance of productive growth was in part owing to the rise of monetarism, a theory that emphasizes the money side of the equation. French Hill And Amity Shlaes, WSJ, 29 July 2022 Lost on voters at the time was just how coherently government ended up responding to this crisis, with the Carter deregulations, the Reagan tax reforms, and the Fed’s turn toward Milton Friedmanesque monetarism. Holman W. Jenkins, WSJ, 14 June 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 But monetarism appeared to lose its relevance in the last decade-plus of easy money. Shawn Tully, Fortune, 13 Apr. 2022 See More