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What does monetarism mean?

Looking for the meaning or definition of the word monetarism? Here's what it means.

Noun
  1. (economics) The doctrine that economic systems are controlled by variations in the supply of money.
  2. (economics) The political doctrine that a nation's economy can be controlled by regulating the money supply.
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Examples
The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.
The pact and monetarism in general have been designed to weaken workers rights.
The Alliance was a soft sensible centre, a safe haven between extremes of monetarism and unilateral disarmament.
The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.
At school I had learned Keynsian theory and now I was being taught monetarism and supply-side economics.
The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.

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