The foundation of monetarism is the Quantity Theory of Money. The theory is an accounting identity ... some important tenets of monetarism have found their way into modern nonmonetarist analysis, ...

The quantity theory of money is central to the monetarist school ... economic theories emerged to explain and react to the modern economy. Nevertheless, some facets of monetarism—namely, the ...

modern monetary theory is a fringe school of economic thought arguing that the federal government, as the sole issuer of legal tender, can issue virtually limitless amounts of new money to fund ...