On putting the interest rate as the interest should be in accordance to a group decision; The case of governing the Norwegian markets with the policy and the ways of using the Norwegian Bank!
So, the interest rate can move in three different directions, as it comes to all kinds of prices; They can move up, be constant, and move down just as the policy and philosophy are telling us when we are here, and the decision about what the interest rate should be now, is open and up for reflection, and the interest rate is the price on money!
So, why are we having the Norwegian Bank as we are having it when we are here? Well, there is pretty enough competence, also doctoral degrees in the leading ways of governing the Norwegian Bank, and for also giving advice about what to do when coming to the economic and social decisions that should be made from one point of time to the next time moment. And the Norwegian Bank, also known as Norges Bank, serves three main purposes: (1) promoting price and economic stability in Norway, (2) managing Norway's substantial sovereign wealth fund, the Government Pension Fund Global for current and future generations, and (3) overseeing the country's financial infrastructure, including the payment system and banknotes and coins, and there is an advantage about having the highest competence from NHH in Bergen in Economics and in Social Administration, and therefore we should calculate things when being here, and we should put the Norwegian Bank in the front of using monetary policy, and the Ministry of Finance, is using fiscal policy for the benefit and inspiration of where we are. And we are just using ourselves, and there should be none ridiculous and stupid actions about wondering about what is going on when being here where we are from time to time. And what is what the two biggest economic institutions in Norway are doing when they are being asked for what they are doing, and why they are here as we are.
All environments are stripped to the skin when it comes to the what and why in all areas, and we should love and respect our bosses, and do what we are told to be done when we are here. And we are using the competence of the different courses from the schools on all the conceivable level, and we are just using different languages for the honor, the money, the languages and the power when we are where we are in the life.
And the most important decision in Economics is that when we have scarcity, the prices are going up, and when nothing happens, the prices are constant, and when there is much of the products, the prices are going down. So, how can this metaphor be used for the interest rate? Well, when there is scarcity of money, the interest rate goes up, and when we have indifferent conditions, we have constant interest rates, and when there are much money in the national economy in question, since this is true for all world's economies and the national economics, the interest rate is going down.
So, what determines the interest rates? Are there some constant factors, or are these factors dynamic waving as waves up and down? Well, there are several things here. Interest rates are determined by the interaction of the supply and demand for money and credit, and the interest rate of the central bank in the country where we are is influenced by central bank policies, economic conditions, lender risk assessment, and borrower creditworthiness.
So, we can make analysis of demant and supply for money and credit, and there are also some factors in the backgrounds influencing how things are being when we are in the life where we are while being here and there. But the boss of the central bank is always having the control of the interest rate decision from time to time, and we cannot be sure about anything when being here, and there are both certainties and uncertainties when being in these environments, and when thinking and feeling deeply about the life, everything is unsure here, and the most certain thing we are knowing in the life, is that we should not live in the long run as humans when being here and there.
And there are always expectations and guessings about what the new interest rate should be, and that is true for many environments, both in schools and in other organizations that promote and defend schools that are working with these issues.
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You and I should never be afraid of getting much money! Even with all the beautiful ladies around! We love all lovely efforts at home and abroad!
Sverre Larsen
Kristiansand, Norway
