Main Entry:

mon·e·tar·ism

Pronunciation:

\ˈmä-nə-tə-ˌri-zəm also ˈmən-\

Function:

noun

Date:

1969

: a theory in economics that stable economic growth can be assured only by control of the rate of increase of the money supply to match the capacity for growth of real productivity

— mon·e·tar·ist \-rist\ noun or adjective