| 31. | In 1970 Seldon invited Milton Friedman at the IEA, quick to recognise the value of monetarist policy.
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| 32. | Although the Conservative government at the time was just months away from a monetarist policies to tackle inflation.
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| 33. | This is a systemic condition which no amount of regulation and Keynesian / monetarist stimuli can effectively address.
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| 34. | But as a sober monetarist, I appeal for there not to be too many new coins in 2002.
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| 35. | Monetarists believe the most significant factor influencing inflation or deflation is how fast the money supply grows or shrinks.
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| 36. | Essentially, in the monetarist view, the Great Depression was caused by the fall of the money supply.
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| 37. | The Conservative Government decided to abandon the Monetarist project and lowered interest rates in an attempt to create jobs.
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| 38. | During the 1980s, members of the monetarist policies designed to tackle inflation and her cuts to public spending.
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| 39. | Currently, most central banks follow a monetarist or Keynesian approach, or more often a mix of both.
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| 40. | He was considered a principal member of the monetarist, free-market-oriented Chicago school of economics.
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