IPA: /ˈmɒnɪˌtɛrɪzəm/
KK: /mɒnɪˈtɛrɪzəm/
A theory in economics that focuses on controlling the money supply to manage economic stability and growth.
Monetarism suggests that controlling the money supply is key to managing inflation.
Monetarism is formed from "moneta" (from Latin, meaning money) and "-ism" (a suffix used to denote a doctrine or system). The term refers to the economic theory that emphasizes the role of governments in controlling the amount of money in circulation.
Think of 'money' ('moneta') as the central focus of this economic theory, which is all about managing the money supply.