Monetarist (noun)

An economist who subscribes to the theory that the supply of money is the main determinant of economic activity and that changes in the money supply lead to changes in prices and output.

Origin:

Late 20th century: from french monétaire + -ist.

Examples:

1. The monetarist believed that controlling the money supply was the key to economic stability.
2. The monetarist theory was first popularized by economist Milton Friedman.
3. Monetarists argue that changes in the money supply drive changes in economic activity.
4. The monetarist perspective emphasizes the role of the central bank in controlling the money supply.
5. The monetarist approach to economics has been criticized for ignoring the role of other factors in the economy.