After showing that there cannot be any intelligible account of the arising of phenomena, Candrakīrti acknowledges that in everyday experience we encounter phenomena coming into being all the time. This leads to a discussion of the two truths. The ultimate truth—that is, truth concerning the highest goal—is that phenomena do not come into being; the conventional transactional truth, on the other hand, is that things do come into being and that their arising is conditioned. This conventional truth