> Almost by definition consumption means value has been exchanged not lost. Consumption is value that is lost by definition, there is no “almost” about it. Val

> Almost by definition consumption means value has been exchanged not lost. Consumption is value that is lost by definition, there is no “almost” about it. Value is either consumed or not. If it is not consumed, it can be saved or invested in capital. Investment in capital (when successful) multiplies value because the capital makes labor more productive, meaning more value is created. > Equally fallacious. There's no way payday loans are multiplying value, for instancr. They're simply extracting it. Payday loans are extractive and this does not contradict anything I have said.