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Monetarism

noun

Noun

1
The doctrine that economic systems are controlled by variations in the supply of money. countable, uncountable
2
an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money wordnet
3
The political doctrine that a nation's economy (in particular inflation) can be controlled by regulating the money supply. countable, uncountable
"Monetarism, you see, has two components. The first is that the central bank should try to control the money supply. In light of the Bank's report that part of the monetarist doctrine is now a dinosaur fit only to be displayed in the museum of failed economic ideas. […] Indeed, this second component of monetarism is one of the primary culprits behind the economic crisis that we have been living through for the past five years."

From monetary + -ism.

Unscramble this word: monetarism