Noun. 1. haemopoiesis-the formation of blood cells in the living body (especially in the bone marrow). haematogenesis, haematopoiesis, haemogenesis, hematogenesis, hematopoiesis, hemogenesis, hemopoiesis, sanguification. biological process, organic process-a process occurring in living organisms.
Answer Wiki. Monetarism is an economic school of thought that is often associated with economist Milton Friedman. What monetarists believes is that the governments primary economic responsibility is to control and uphold a stable money supply.
This is because of events that many economists interpreted as being inexplicable in monetarist terms: the disconnection of the money supply growth from inflation in the 1990s and the failure of pure monetary policy to stimulate the economy in the 2001â2003 period.