Scrabble Dictionary

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Yes, monetarism is playable

...and is worth 17 points.

Found in the following dictionaries

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SOWPODS (Collins Scrabble Words)
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)

"Monetarism" Definition

noun

A policy that seeks to regulate an economy by altering the domestic money supply, especially by increasing it in a moderate but steady manner.
A theory holding that economic variations within a given system, such as changing rates of inflation, are most often caused by increases or decreases in the money supply.
A theory in economics that stable economic growth can be assured only by control of the rate of increase of the supply to match the capacity for growth of real productivity.

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