1. economists who believe that controlling the money supply is the most important factor in managing economic policy and preventing inflation
Usage: economics; plural form

Examples

• The monetarists argued that increasing the money supply too quickly would lead to inflation.
• Milton Friedman was one of the most influential monetarists of the 20th century.
• Monetarists believe that central banks should focus primarily on controlling money growth.
• The debate between monetarists and Keynesians shaped economic policy for decades.
• Many monetarists supported the Federal Reserve’s tight money policies in the 1980s.
• The monetarists’ emphasis on money supply contrasts with those who prioritize government spending.