Imagine a sea of bits—an ocean of them. A typical modern computer has more than 30 billion bits in its volatile data storage (working memory). Nonvolatile storage (the hard disk or equivalent) tends to have yet a few orders of magnitude more.
To create a value, you must merely invoke its name. This is convenient. You don’t have to gather building material for your values or pay for them. You just call for one, and whoosh, you have it. They are not really created from thin air, of course. Every value has to be stored somewhere, and if you want to use a gigantic amount of them at the same time, you might run out of memory. Fortunately, this is a problem only if you need them all simultaneously. As soon as you no longer use a value, it will dissipate, leaving behind its bits to be recycled as building material for the next generation of values.