Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

monetarism

Read a random definition: stock clearing corporation

A quick definition of monetarism:

Monetarism: A theory about how money affects the economy. It says that the amount of money in circulation is the most important factor in how well the economy does. This idea was first talked about by a man named Milton Friedman in the 1960s.

A more thorough explanation:

Monetarism is an economic theory that was developed by Milton Friedman in the late 1960s. It suggests that the money supply is the most important factor that influences the economy.

For example, if the government increases the money supply, it can lead to inflation because there is more money available to spend, which can drive up prices. On the other hand, if the government decreases the money supply, it can lead to a recession because there is less money available to spend, which can cause businesses to struggle and people to lose their jobs.

Monetarists believe that controlling the money supply is the key to stabilizing the economy and preventing inflation and recession.

monetagium | monetary

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
LSD+ is ad-free, with DMs, discounts, case briefs & more.