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.
Monetarists believe there is a strong link between the money supply and inflation. If you can control the growth of the money supply, then you should be able to bring inflation under control. Monetarists would stress policies such as: 1  higher interest rates (tightening monetary policy).