IPA: /ɪnˈfleɪʃənɪzəm/
KK: /ɪnˈfleɪʃənɪzəm/
A belief or policy that promotes an increase in prices and a decrease in the purchasing power of money.
The government adopted inflationism to stimulate economic growth.
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.
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.