BusinessAugust 8, 2026
monetarists
MON-ih-ter-ists
Definition
Economists who believe that the total amount of money in circulation is the primary driver of inflation and that controlling money supply is the most effective way to stabilize an economy.
Etymology
The term is derived from the root 'monetary,' coming from the Latin 'moneta' meaning 'money' or 'mint,' and the suffix '-ist' used to denote a person who adheres to a particular doctrine.
In the news
In the context of the article, monetarists are mentioned to highlight the ongoing debate regarding whether central bank policies have done enough to curb inflation or if further tightening is required.
Curbing inflation Job is not done yet
Read the full article ↗The Financial Express