Monetarism

Monetarism is an economically right ideology, whose general economic theory has already been abandoned by its prophet Milton Friedman. He believes that inflation, even though being really bad, the government's only role as far as monetary policy is the matter should be to maintain inflation under control, they think that there should be a very low inflation rate (1%-3%) but as stable as possible, since it being stable eliminates the market distortion both non-stable inflation/deflation brings. Since Austrian and  Chicago schools have overlooked him he is nothing but a relic of theory stuck in purgatory.

Market Monetarism
TBA

Personality and Behaviour
Monetarism is a specter of theory that occasionally is summoned by nations being plagued by high inflation and prices. Once possessing policy he will destroy printers as penance to Milton Friedman begging for his return to Monetarist ideals believing they shall be repaired and print modestly during his second coming. He shall continue to offer up printers, non believers, monetary workers until his messiah returns. Since this has yet to happen he is eventually exorcised from his host once they order a new printer or begin increasing their money supply in any way.

How to Draw
Monetarism_flag.svg


 * 1) Draw a ball,
 * 2) Draw a red stripe through the middle vertical third of the ball,
 * 3) Draw blue lines on both edges of the red stripe,
 * 4) Draw the eyes and you're done!

Friends

 * [[File:Chilib.png]] Chicagoan Libertarianism - My dad that abandon and substituted myself for [[File:NuKeynesPix.png]] him.
 * [[File:Fiscon.png]] Fiscal Conservatism - we agree that economic policies must be fiscally responsible and long-term sustainable

Frenemies

 * [[File:Austrobert.png]] Austrolibertarianism - Gold isn't a good currency.
 * [[File:Hayek.png]] Hayekism - Free Banking doesn't prevent inflation.

Enemies

 * [[File:Keynes.png]] Keynesianism - You don't understand basic economics! End the fed!

Literature

 * A Monetary History of the United States
 * A program for monetary stability by Milton Friedman

Wikipedia

 * Monetarism
 * Clark Warburton
 * Quantity theory of money
 * Monetary disequilibrium theory
 * Friedman's k-percent rule