monetarist

Speech parts

1. monetarist - Noun

2. monetarist - Adjective

Meaning

an advocate of the theory that economic fluctuations are caused by increases or decreases in the supply of money

Synonyms

Antonyms

Hypernyms

Hyponyms

Examples

Although Hayek ascribed a primarily monetary source to economic fluctuations, he was not a monetarist as this term came to be used. Alan O. Ebenstein

After the 1979 energy crisis, Britain went into recession in 1980, which was blamed on the Tory government's controversial monetarist policy against inflation, which had the effect of increasing unemployment. Source: Internet

Greenspan, while still fundamentally monetarist in orientation, argued that doctrinaire application of theory was insufficiently flexible for central banks to meet emerging situations. Source: Internet

Rise Clark Warburton is credited with making the first solid empirical case for the monetarist interpretation of business fluctuations in a series of papers from 1945. Source: Internet

Instead, monetarist thinking centers on the contraction of the M1 during the 1931–1933 period, and argues from there that the Federal Reserve could have avoided the Great Depression by moves to provide sufficient liquidity. Source: Internet

Many Keynesian economists initially believed that the Keynesian vs. monetarist debate was solely about whether fiscal or monetary policy was the more effective tool of demand management. Source: Internet

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