physiocracy
Les Tableau de Quesnay was the primitive accounting of the History of the first public budgets in France, where the flow of capital from the productive to the working capital and the cash flow in the macro economy and in the micro economy or retail market was demonstrated.
The formula c=ij^t is understood to be the most famous equation in compound interest accounting, where time is the multiplier over the cumulatively accumulated increasing amount.
What was hidden from Economics and Accounting is that only time creates wealth, nothing more.
It seems absurd at first, and pointless, but only time can create riches.
When Henry Ford launched the marvel of the Ford Model T the price of the vehicle in the store was 700 US dollars, who knew that an aircraft carrier could be manufactured for 20 million dollars, and that a fighter jet at the end of the second world war most sophisticated fighter fighter models Mustang P51 was priced at 1,000,000 a million dollars!
The latest US aircraft carrier, the Ronald Reagan nuclear aircraft carrier, cost no less than 13,000,000,000 thirteen billion dollars, and the newest US fighter jet, the Lightning II F35A, costs 120,000,000, one hundred and twenty million dollars, a mansion house in Beverlly Hills in 1937 cost $7,000,700, a mansion in Beverlly Hills in the same neighborhood and street would today cost about $12,000,000 twelve million US dollars.
We are much richer today just because of the elapsed time variable.
Humanity only got rich with the passage of time, when Pedro Álvares Cabral discovered the lands to the south of the American continent and Amerigo Vespucci arrived in the Antillean islands, the standard of wealth of a poor European was lower than the standard of living of an Inca citizen, or Mayan or Aztec in American cities, but over time this difference was accentuated, so that the standard of living of the settlers of the Americas began to skyrocket and began to differentiate from the ancestors, who were very rich because they had a stagecoach or a pack donkeys, they could buy a dress a year, a women's party dress imported from Paris and a felt hat, they could buy whale oil to turn on the street light, and they could shoe their horses.
An automobile consisted of just over eight hundred parts, compared to a simpler modern automobile with over 10,000 electronic, computerized, and electro-mechanical parts and devices.
We produce more information in a day than all of humanity produced in a century, banks process 400,000,000,000 billion banking transactions a year, twice the number of stars in the milky way.
A trip between New York and Chicago took two days, the same trip takes just over an hour.
For every soldier killed in World War II, more than 500 rounds of weapons of all calibers were fired.
In the Southeast Asian war, more bombs and explosives were dropped only on the territory of Laos than in all the bombed cities in the Second World War.
The US invasion of Iraq in 1994 cost more than 2.5 billion two and a half trillion dollars.
A Javelin anti-tank missile manufactured by Rayteon of the USA used in the Ukrainian war, each unit costs 500,000 five hundred thousand US dollars.
The wealth of a first world middle class citizen is much greater than the wealth of an emperor of Egypt from 4000 BC.
Time creates wealth, because time is the only inelastic, inexorable, indivisible, incalculable, intangible, non-negotiable, irreducible, indivisible, untouchable, infractionable, indestructible, irreproducible commodity, time is unique and progressive.
