The purpose of this essay is to clarify the notion of mnemonic content. Memories have content. However, it is not clear whether memories are about past events in the world, past states of our own minds, or some combination of those two elements. I suggest that any proposal about mnemonic content should help us understand why events are presented to us in memory as being in the past. I discuss three proposals about mnemonic content and, eventually, I put forward a (...) positive view. According to this view, when a subject seems to remember a certain event, that event is presented to her as making true a perceptual experience that caused the very memory experience that she is having. (shrink)