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monetarism

Upper-Intermediate (B2)

IPA: /ˈmɒnɪˌtɛrɪzəm/

KK: /mɒnɪˈtɛrɪzəm/

noun
Definition

A theory in economics that focuses on controlling the money supply to manage economic stability and growth.


Example

Monetarism suggests that controlling the money supply is key to managing inflation.


Conversation
Sloth A
Have you ever heard of monetarism?
Sloth B
Yeah, it's that economic theory about controlling the money supply, right?
Sloth A
Exactly! It suggests that controlling inflation is key to a stable economy.
Sloth B
That makes sense; it's interesting how money management affects everything.

Synonyms & Antonyms
Synonyms
economics
finance
capitalism
Antonyms
socialism
interventionism
regulation
Root Explanation

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.

Memory Tip

Think of 'money' ('moneta') as the central focus of this economic theory, which is all about managing the money supply.

Visually Confused Words
montargis
montanism
monarchism
metamerism
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