What is another word for tight money?
Pronunciation: [tˈa͡ɪt mˈʌnɪ] (IPA) 
Tight money refers to a monetary policy that aims to reduce the amount of money in circulation. It can result in an increase in interest rates that makes it difficult for individuals and businesses to access loans or credit. Other synonyms for tight money include restrictive monetary policy, monetary contraction, and credit crunch. These terms are used interchangeably to describe the same phenomenon of reducing the supply of money in the economy. Tight money policies can be used to combat inflation by reducing the amount of money chasing goods and services in the market. However, it can also lead to a slowdown in economic growth and increased unemployment.
