> So, transformed. Yes, it is consumed when it is transformed into waste heat or other things that are not of value. It is invested when it is transformed into

> So, transformed. Yes, it is consumed when it is transformed into waste heat or other things that are not of value. It is invested when it is transformed into the means of production. > A bit like how capital is transformed into capital investments. if a thing of value is transformed into capital investment, then that is investment and therefore not consumption. If it is not transformed into the means of producing more things of value, then it can be saved (not consumed) or consumed (consumption).