| gptkbp:instanceOf | gptkb:economic_policy 
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                                | gptkbp:advocatesFor | controlling money supply to manage economic stability 
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                                | gptkbp:associatedWith | gptkb:Milton_Friedman 
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                                | gptkbp:contrastsWith | gptkb:Keynesian_economics 
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                                | gptkbp:criticizedFor | gptkb:post-Keynesian_economists fiscal policy as less effective than monetary policy
 
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                                | gptkbp:emphasizes | importance of monetary policy 
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                                | gptkbp:focusesOn | role of governments in controlling the money supply 
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                                | gptkbp:hasConcept | gptkb:economic_policy money supply
 inflation control
 
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                                | gptkbp:implementedIn | gptkb:United_Kingdom gptkb:United_States
 
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                                | gptkbp:influenced | central banking practices economic policy in the 1970s and 1980s
 
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                                | gptkbp:influencedBy | classical economics 
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                                | gptkbp:originatedIn | 20th century 
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                                | gptkbp:proposedBy | steady, predictable growth in money supply 
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                                | gptkbp:relatedTo | quantity theory of money 
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                                | gptkbp:requires | inflation is always a monetary phenomenon 
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                                | gptkbp:bfsParent | gptkb:Macroeconomic_Theory gptkb:New_Keynesian_economics
 
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                                | gptkbp:bfsLayer | 6 
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                                | https://www.w3.org/2000/01/rdf-schema#label | Monetarism 
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