Yes, but the net value is increased. It’s because giving $20 to a homeless person has a different effect than giving $20 to Jeff Bezos. The homeless person goes

Yes, but the net value is increased. It’s because giving $20 to a homeless person has a different effect than giving $20 to Jeff Bezos. The homeless person goes and spends it immediately, whereas Jeff Bezos’ spending habits won’t meaningfully change because of that.