On using monetary policy in the nations, and on holding the peace in Norway and in Europe just as many people want it, and also in other places in the world, for instance in the United States and in Russia, Ukraine and the Middle East!
You know, every nation should always use the monetary policy to secure that it is coming many better times after these bad ones, and there should be more growth in the real wages, and the prices should be kept under control, and the prices in Norway this year is just estimated and predicted to be 2 %, and the Finance Department, the Norwegian Bank, and actors at home and abroad should be taken into cooperation for establishing and developing these things while we are here.
So, we have just had the defence and security conference in München, and there are many positions there, and the point is to get good discussion with scientific papers coming into the conference, and there should be some leadership and some chairs about what is going to happen while we are here. And there can always be improved thoughts to a conference, there can be more thoughts and feelings and reflections, and there can happen even least than there has been of activities while we are here, and there should be convenient and comfortable solutions of many things, after discussing the choices from possible suggestions.
And the quantity theory for money in a country is claiming that P x T = M x V, where P is the Prices, T is the Trade or the volume on sales in an economy and reducing this total sum from the buying amounts and the buying efforts. And M is the Money and V is Velocity, and this means that when prices are increasing just as now, we are forced to increase the size on the money quantity, and we should not increase the money quantity too much, and hence we should take control of the equation in a nation for what is happening with the financial instruments that we can govern and influence while we are here.
So, there is much chatting at the working places, and that is natural since there are people there, and people like to talk and some are chatting in open and inclusive manners, and someone is talking behind your back and they can go to hell. And we are just working where we are qualified, and we are also working further with doing things even better, more competitive and stronger in the environments that we are facing. And we should have competence and market information to do reflected choices, and sales are sales as they are, and there are even much more to be engaged in Economics and in Marketing, and this is the ways that the sales environments are moving when we are here where we are.
And in Norway, Jens Stoltenberg is currently the Finance Minister, and you should know much Economics and sciences related inside and outside Economics, when trying to grasp the reality and getting better understanding about what is going on of relations and positive and negative views and points of views when we are here, and Ida Wolden Bache is the boss of the Central Bank in Norway, the Norwegian Bank! And maybe you know, maybe you do not know it, but as earlier professor at MIT, Paul Samuelson said it; Even a parrot can be an economist, and you should just learn him or her to say demand and supply! And today we are living and operating and working in environments where we can govern ourselves, and where there is career development and learning even more, and the life is about learning something when we are here.
And you know, learning is about productivity, effectiveness and efficiency, and you have learned something when you are doing it better and faster, and the economic cycle is about how we are using input factors and capital and labor force, to earn money for the firm, and getting more money to the life that we are facing and confronting when we are here. And you know, the Finance Department and the Norwegian Bank are just about using the choices with some variants from economic policy, and the fiscal policy is about expanding or reducing the efforts where we are working in the firms we are working for when being engaged in the networks, and the monetary policy is about increasing or reducing the quantity of money, and within the quantity theory, we are having fixed amounts on Trade and Velocity, mainly, in the short and in the long run.
On holding the peace where there are wars in the world today, is about getting the the parties in constructive and good dialogues, and to use negotiation strategy to reach aims and solutions that the parties can go for, and it is also about reducing the level of weapons, and do constructive and engaging efforts, and getting agreements that we can go for, and not using restrictions in the heads, in the daily life, in the business life and in the public organizations if there are not any good reflected reasons for doing that.
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Sverre Larsen
Kristiansand, Norway
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