monetarist
Upper-Intermediate (B2)
IPA: /ˈmɒnɪtərɪst/
KK: /ˈmɒnɪtərɪst/
adjective
Definition
Relating to the economic theory that focuses on the role of governments in controlling the amount of money in circulation.
Example
The monetarist approach emphasizes the importance of managing the money supply to control inflation.
Conversation
Did you read about the new monetarist policies the government is proposing?
Yeah, I did! They're really trying to control inflation, right?
Exactly! It seems like a big shift from their previous approach.
For sure, I'm curious to see how effective these monetarist ideas will be.
Synonyms & Antonyms
Synonyms
financial
economic
capitalist
Antonyms
socialist
interventionist
fiscal
noun
Definition
A person who supports the economic theory that focuses on the role of money supply in determining economic activity and inflation.
Example
The monetarist argued that controlling the money supply is essential for managing inflation.
Conversation
Have you ever read anything by a monetarist?
No, I haven't. What do they usually talk about?
They focus a lot on the role of money in the economy.
Root Explanation
Monetarist is formed from "moneta" (meaning money, from Latin) and "-ist" (meaning one who practices or is concerned with). The term refers to someone who advocates for the control of the money supply as a means to regulate the economy.
Memory Tip
Think of 'moneta' as relating to money, and remember that a 'monetarist' is someone who focuses on managing money supply in the economy.
Visually Confused Words
montargis
montanist
metrist
monarchist