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inflationism

inflationism

8.8
Belief that making prices rise helps the economy
  • noun
  • /ɪnˈfleɪʃənɪzəm/
translation icon : inflacionismo
  • The government adopted inflationism as a strategy to recover from the recession and boost the economy.

Examples

  • Mises objects to deflationism—a policy aimed at deliberately increasing the inner objective exchange value of money—for the same reason that he opposes inflationism.

    Academic text (1999)
  • It makes sense to advocate fiat money if one belongs to a particular interest group that can benefit from inflationism or deflationism, and if that interest group is part of a politically successful coalition.

    Academic text (1999)
  • Inflationism isn't something new.

    Blog text (5)
  • Many economists argue that inflationism can stimulate economic growth by increasing consumer spending.

  • Supporters of inflationism believe that a higher money supply can lead to increased investment and job creation.

Surface Forms

inflationism singular
inflationisms plural

Morphology

inflationism = inflation (transparent) = inflation + ism

The noun 'inflation' (economic increase in prices) plus the productive suffix '-ism' yields a doctrine or policy advocating inflationary measures, which learners can infer.

Etymology

Inflationism comes from inflate, which means 'to blow up' like filling a balloon, plus the ending -ism, meaning 'a belief or system'. So inflationism is the belief that 'blowing up' the money supply, making prices rise, can help the economy.