&gt;Unlike people, corporations do not consume for the sake of consumption, instead they invest in assets.<p>Uh, what exactly is the difference between consuming and investing in assets? Most investment in assets is actually just a claim to consume some of the ROE.<p>Also, it&#x27;s not clear to me how shifting cash flows into something makes an asset (or how a physical asset could directly benefit from increased cash flow [not sure how this is even possible; I can&#x27;t pump FRN&#x27;s into my car&#x27;s gas tank]).