What is monetarism?

The monetarism rejected the post-war Keynesian orthodoxy. It says: “Governments should NOT interfere to manipulate the level of demand. A little infletion is NOT acceptable to maintain full employment.”.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>