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Monetarism: Difference between revisions

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[[File:Nordmodel.png]] [[Nordic Model]] (in 80s and 90s)<br>
[[File:EnochPowell.png]] [[Classical Conservatism|Powellism]]}}
'''Monetarism''' is an economically right ideology, whose general economic theory has already been abandonedcreated by its prophet [https[File://enChilib.wikipedia.org/wiki/Milton_Friedmanpng]] [[Chicagoan Libertarianism|Milton Friedman]] to cure inflation. He believes that inflation, even though being really bad, the government's only role as far as monetary policy is the matter should be to maintain inflation under control, they think that there should be a very low inflation rate (1%-3%) but as stable as possible, since it being stable eliminates the market distortion both non-stable inflation/deflation brings. Since [[File:Austrobert.png]] [[Austrolibertarianism|Austrian]] and [[File:Chilib.png]] [[Chicagoan Libertarianism|Chicago]] schools have overlooked him he is nothing but a relic of theory stuck in purgatory.
==History==
 
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