Monetarism: Difference between revisions
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{{Ideology|title1 = https://vignette.wikia.nocookie.net/polcompballs/images/d/db/Monet.png/revision/latest?cb=20200617213301 Monetarism|image1 = Monetarism-2.png|caption1 = Stop the presses! When the second coming of Friedman returns so shall they!|book = Monetary History of the United States 1867–1960|year = 1945|country = America|founder = Clark Warburton|quadrant(s) = [[File: Rightunity-yellow.png]] [[:Category:Right Unity|RightUnity]] <br> |
{{Ideology|title1 = https://vignette.wikia.nocookie.net/polcompballs/images/d/db/Monet.png/revision/latest?cb=20200617213301 Monetarism|image1 = Monetarism-2.png|caption1 = Stop the presses! When the second coming of Friedman returns so shall they!|book = Monetary History of the United States 1867–1960|year = 1945|country = America|founder = Clark Warburton|quadrant(s) = [[File: Rightunity-yellow.png]] [[:Category:Right Unity|RightUnity]] <br> |
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[[File: Markets.png]] [[:Category:Economic Systems|Economic Systems]]|family = https://vignette.wikia.nocookie.net/polcompballs/images/a/af/Keynes.png/revision/latest?cb=20200428135856 [[Keynesianism]] (Cousin)}} |
[[File: Markets.png]] [[:Category:Economic Systems|Economic Systems]]|family = https://vignette.wikia.nocookie.net/polcompballs/images/a/af/Keynes.png/revision/latest?cb=20200428135856 [[Keynesianism]] (Cousin)}} |
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[[File:Monetarism-2.png|thumb|220x220px]] |
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'''Monetarism''' is an Economically right ideology ball, whose general economic theory has already been abandoned by its prophet Milton Friedman. He believes that inflation is the worst thing imaginable and that the governments only role as far as monetary policy is the matter should be to reduce inflation by being more prudent with the money supply and nothing more. Since Austrian and Chicago schools have overlooked him he is nothing but a relic of theory stuck in purgatory. |
'''Monetarism''' is an Economically right ideology ball, whose general economic theory has already been abandoned by its prophet Milton Friedman. He believes that inflation is the worst thing imaginable and that the governments only role as far as monetary policy is the matter should be to reduce inflation by being more prudent with the money supply and nothing more. Since Austrian and Chicago schools have overlooked him he is nothing but a relic of theory stuck in purgatory. |
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