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.
History
Beliefs
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
- Draw a ball,
- Draw a red stripe through the middle vertical third of the ball,
- Draw blue lines on both edges of the red stripe,
- Draw the eyes and you're done!
Color Name | HEX | RGB | |
---|---|---|---|
Red | #D90200 | 217, 2, 0 | |
Blue | #416494 | 65, 100, 148 |
Relationships
Friends
- Chicagoan Libertarianism - My dad that abandon and substituted myself for him .
- Fiscal Conservatism - we agree that economic policies must be fiscally responsible and long-term sustainable
Frenemies
- Austrolibertarianism - Gold isn't a good currencies.
- Hayekism - Free Banking doesn't prevent inflation.
Enemies
- TBA
Further Information
Literature
Wikipedia
- Monetarism
- Clark Warburton
- Quantity theory of money
- Monetary disequilibrium theory
- Friedman's k-percent rule
Gallery
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