ABSTRACT

Any instrumental capital is submitted to its own rhythm of amortization, because of its wear and tear and its technological obsolescence. Any production of amortization-goods is twice repeated during the period. Dual production is the purchase of profit-goods by the expenditure of the wages earned in the production of amortization-goods, a production that is thus repeated a first time. This chapter demonstrates briefly that inflation is a dual phenomenon, because if at its origin it is always defined in production and therefore in quantum time, it is also present in continuous time. Economic life, wrongly called class struggle, since in reality it is the struggle of all the holders of income including dividend-profits against Capital, takes the form of a series of pulses.