The phrase "monetarist policy" is correct and usable in written English.
You can use it when referring to a monetary policy that is characterized by controlling the supply and availability of money, such as controlling interest rates and single-currency utilization. For example, "The Brazilian government implemented a monetarist policy to mitigate inflation."
One monetarist policy conclusion is the rejection of fiscal policy in favour of a "monetary rule".
Germany, along with the northern members of the euro zone that are Germany's traditional dependencies, has imposed its own conservative monetarist policy on the entire euro bloc, at bitter cost to the southerners, now victims of extreme indebtedness.
By the mid-1970s monetarism had become the new orthodoxy in macroeconomics, and by the late-1970s central banks in the United Kingdom and United States had largely adopted a monetarist policy of targeting money supply instead of interest rates when setting policy.
In Thatcher's early years of power, the loathing of her monetarist policies and personality shook her.
It was possible to be pro-EU and still want to punch its current monetarist policies in the face.
In recent years, governments, discouraged by past failures with fiscal manipulation, have turned to monetarist policies to attempt control of the economy.
Elusively Gallic, but emphatically orthodox when it comes to economic choices, her appointment would signal a return to textbook monetarist policies.
But Callaghan subsequently retracted that assertion in his memoirs, and was strongly critical of the deflationary monetarist policies of the early 1980s.
"Is Wellington wetter than a Tory minister opposed to Thatcher's strict monetarist policies and public spending cuts?" And soaked in my stolen breaktime milk.
Black Country manufacturing, which made the West Midlands the UK's richest region in the 60s, was devastated by the monetarist policies of the 70s and 80s and has never recovered.
This seemed good news at the time, because Gilmour, who was a close friend of mine, was very much a one-nation Tory, who was sacked from Mrs Thatcher's cabinet in 1981 for his well-founded opposition to the deflationary monetarist policies of the time.
