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inflationism

Upper-Intermediate (B2)

IPA: /ɪnˈfleɪʃənɪzəm/

KK: /ɪnˈfleɪʃənɪzəm/

noun
Definition

A belief or policy that promotes an increase in prices and a decrease in the purchasing power of money.


Example

The government adopted inflationism to stimulate economic growth.


Conversation
Sloth A
Have you heard about the latest discussions on inflationism?
Sloth B
Yeah, it seems like it's becoming a hot topic among economists.
Sloth A
I just don't understand why some people support inflationism as a policy.
Sloth B
It’s probably because they believe it can stimulate growth in the economy.

Synonyms & Antonyms
Synonyms
expansionism
monetarism
stimulus
Antonyms
deflation
contraction
austerity
Root Explanation

Inflationism is formed from "inflation" (from Latin "inflatio", meaning to blow up or swell) and "-ism" (a suffix used to denote a doctrine or belief). The term refers to the economic doctrine that emphasizes the importance of inflation in economic policy.

Memory Tip

Think of 'inflation' as something that 'swells' or 'blows up' in value, and '-ism' indicates a belief or doctrine. This helps you remember that inflationism is a belief centered around the concept of inflation.

Visually Confused Words
reflationism
isolationism
latinism
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