ABSTRACT
Production only exists in the operation of the “quantization” of time and of the numeraire. Any act of production is a production-consumption, a wave. The same operation creates and destroys the product, or the “space” defined by the quantized time and, identically, the quantized numeraire. Initially, production is purely real. Money is excluded when the labourer produces for himself, in appropriating his own product. Real production has all the characteristics of an emission. Monetary exchanges have existed since the beginning of societies; but ever since the start, centuries before the birth of enterprises could be talked of, money was distinguished from real goods, precisely because it was, as today, their nominal form, their mould. The instantaneity of the unique operation of production-consumption is verified in all conceivable cases, in particular in the wage-regime, even if remunerations are paid in a “material” money.
