Monetarist+Monetary+Policy

Milton Friedman a monetarist that believes that the money supply has a greater impact on GDP. Monetarists believe that the “central banks role’s such be restricted to that of following certain established rules” and “ensure that money supply is increased only enough to accommodate the expected real growth in the economy” (John Sayre and Alan Morris, Principles for Microeconomics, McGraw-Hill Ryerson, 2009, p434).
 * Monetarist Monetary Policy**