ABSTRACT

This chapter concentrates on monetary expenditures, because they occupy the prominent place. Concatenated in time, expenditures constitute a flow; “one impulse follows another in a continuing steady stream”. If an expenditure were a flow, it would be a continuous movement and, more precisely, an uninterrupted movement in an interval of continuous time. Theorists have started from the fact that monetary expenditures have a time dimension; they are not “Poisson events”. All expenditures are instantly related to their period of reference, which is therefore a quantum of time, an indivisible whole. Production and expenditure are absolutely not movements through space but exclusively movements through time: the time dimension of these events is precisely defined by the wave that quantizes an interval of the continuum, by going through it in an instant, going and coming back at one go.