mon ‧ e ‧ ta ‧ ris ‧ m /ˈmʌnətərɪz ə m, ˈmʌnɪtərɪz ə m $ ˈmɑː-/ BrE AmE noun [uncountable]
the belief that the best way to manage a country’s ↑ economy is for the government to control and limit the amount of money that is available and being used:
the monetarism of the 1980s
—monetarist adjective , noun [countable] :
a monetarist view of the economy