Fernández aims to show how this enigmatic phrase in the famous first sentence of "The Circular Ruins" is inextricably linked to the story's last words. Toward this purpose, he argues—against plausible foundational interpretations of the story—for a nonfoundational reading of the text and, moreover, that Borges's use of "unánime' (one soul) can be understood as one character or one form; namely, as an archetype of "Dreamanity" that leads to a vertiginous Third Man regress.