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In this work we observe three central aspects, two methodological and a third of theoretical relevance:
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Carlos Bondone chooses only one subject, currency, among all those he discussed in his first work.
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Without losing his well known scientific rigor, he presents an easy-reading language.
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He incorporates in his theories a central and convincing concept, the one of “permanent fallibility: (i > 0)”, which expresses another exclusive condition of the economic time – to be an eternally economic good. Yes, the other economic goods can acquire and lose this condition, but the economic time accompanies the human being during all his existence.
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In this book, Carlos Bondone introduces his first conclusions about the theory of economic time (TET) and its exclusive characteristic of “indirect or improper materialization”. This feature is the one that would become the center of his deductive theoretical scaffolding which led him to question the macroeconomy developed in the 20th century.
The reader will find that his TET led him to discover that the characteristics, the ones that the theories assigned in a confusing way to money, are in fact exclusive property of the economic time. This conclusion, together with his categorical division between money and currency, allowed him to assign to the latter a superior rank than money since credit also can serve the purpose of currency.
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