Market monetarism
id:
market-monetarism-172-1701059
title:
Market monetarism
text:
Market monetarism is a school of macroeconomics that advocates that central banks use a nominal GDP level target instead of inflation, unemployment, or other measures of economic activity, with the goal of mitigating demand shocks such those experienced in the 2007–2008 financial crisis and during the post-pandemic inflation surge. Market monetarists criticize the fallacy that low interest rates always correspond to easy money. Market monetarists are sceptical about fiscal stimulus, noting that
brand slug:
wiki
category slug:
encyclopedia
description:
School of macroeconomic thought
original url:
https://en.wikipedia.org/wiki/Market_monetarism
date created:
2011-10-12T02:18:26Z
date modified:
2024-09-01T16:51:03Z
main entity:
{"identifier":"Q6770821","url":"https://www.wikidata.org/entity/Q6770821"}
image:
fields total:
13
integrity:
15