To update everyone reading the SMP Compendium, I am including the preceding diagram to show how much more we have left before we can finally finish the TPP equation. Once everything has been accounted for, we can then determine the final values that will lead us to the TPP equation.
The only equations and variables we are missing have their texts boldfaced in the above diagram. The effort to complete “Foreign Accounts for Inflowing Arbeit, Outflowing Geld” is almost done. What has yet to be finished for that Compendium involves figuring out which variables go within the RTEP and RTFP Formulas. Basically, there are variables that are for the VCS Economy, the Socialist Student Economy, the Financial Regime and Reciprocal-Reserve Banking System, the State, and something called “International Trade.” Those of you who have been reading the SMP Compendium entries as they were being completed over the past four months would probably be aware of the following from Part I of “Total Financial Potential Formula”:
MN1 + (MN2 + Revenue * SR2) + (MN3 + Revenue * SR2) + (MN4 + Revenue * SR2) + (MN5 + Revenue * SR2) = TFP of the Whole Nation
MN1 = TFP of the National Economy
MN2 = Geld of the SSE
MN3 = Geld of the Financial Regime
MN4 = Geld of the State
MN5 = Geld from International Trade
Part I of the Total Economic Potential Formula is going to need to include an addition where I attempted to find the TEP of the National Economy and eventually the whole nation. Unfortunately, I was not able to determine the TEP of the Whole Nation until early-to-mid August.
AN1 + (AN2 * MR) + (AN3 * MR) + (AN4 * MR)+ (AN5 * MR) = TEP of the Whole Nation
AN1 = TEP of National Economy
AN2 = TEP of Student Economy
AN3 = TEP of Financial System
AN4 = TEP of Central Government
AN5 = TEP of International Trades
What I would like to do for today, as part of completing “Foreign Accounts for Inflowing Arbeit, Outflowing Geld,” is to update Part I of the Total Economic Potential Formula so that it includes the information found in “Domestic Accounts for Inflowing Arbeit, Outflowing Geld.”
The rest of the aforementioned table diagram will be addressed in the next two posts after “Foreign Accounts for Outflowing Arbeit, Inflowing Geld.” I will write a brief memo in a follow up Post that I have in fact updated Part I of the Total Economic Potential Formula.