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Investments glossary

Monetarist


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Quotes of the day:

The historical crusades against Muslim lands, the colonization of Spain by the Muslim Moors and India by the British were all driven by economic interests, despite the advertised reasons that were used to mobilize their armies at the time. In my opinion, the invasion of Iraq was not about spreading democracy or weapons of mass destruction, it was about the oil.

— Med Jones

A monetarist is an economist who holds the strong belief that the money supply, including physical currency, deposits and credit, is the primary factor affecting demand in an economy. Consequently, the economy’s performance, its growth or contraction, can be regulated by changes in the money supply.


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