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monetarism
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[[File:CPI 1914-2022.webp|thumb|alt=CPI 1914-2022|261px|
~14 min read
Article
13 sectionsContents
- Description
- Monetary history of the United States
- Fixed monetary rule
- Opposition to the gold standard
- Rise
- Monetarism in the US and the UK
- Decline
- Legacy
- Notable proponents
- See also
- References
- Further reading
- External links
thumb|alt=CPI 1914-2022|261px|
Monetarism is a school of thought in monetary economics that emphasizes the role of policy-makers in controlling the amount of money in circulation. It gained prominence in the 1970s, but was mostly abandoned as a direct guidance to monetary policy during the following decade because of the rise of inflation targeting through movements of the official interest rate.
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capitalism
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money supply
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gross domestic product
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inflation
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microeconomics
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central bank
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intellectual property
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privatization
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Federal Reserve System
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laissez faire
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mixed economy
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economic liberalism
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business cycle
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social market economy
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public choice theory
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Modern Monetary Theory
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Anna Schwartz
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right-libertarianism
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