mon‧e‧ta‧ris‧m /ˈmʌnətərɪzəm, ˈmʌnɪtərɪzəm $ ˈmɑː-/ noun [uncountable]
the belief that the best way to manage a country’s economy is for the government to control and limit the amount of money that is available and being used:
the monetarism of the 1980s
—monetarist adjective, noun [countable]:
a monetarist view of the economy

[TahlilGaran] Dictionary of Contemporary English ▲