the theory that inflation is caused by an excess quantity of money in an economy an economic policy based on this theory and on a belief in the efficiency of free market forces, that gives priority to achieving price stability by monetary control, balanced budgets, etc, and maintains that unemployment results from excessive real wage rates and cannot be controlled by Keynesian demand management
WordReference Random House Learner's Dictionary of American English © 2025
mon•e•ta•rism /ˈmɑnɪtəˌrɪzəm, ˈmʌn-/USA pronunciation
n. [uncountable]
WordReference Random House Unabridged Dictionary of American English © 2025- Economics, Businessan economic doctrine holding that changes in the money supply determine the direction of a nation's economy.
mon•e•ta•rism
(mon′i tə riz′əm, mun′-),USA pronunciation n. [Econ.]
mon′e•ta•rist, n., adj.
- Economics, Businessa doctrine holding that changes in the money supply determine the direction of a nation's economy.
- monetar(y) + -ism 1965–70, American.
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'monetarism' also found in these entries (note: many are not synonyms or translations):