Loch shows that in essence the psychoanalytic dialogue is not a search for an objective historical truth and that its results are therefore not the faithful replica of that truth in recollection. Rather, it is a pragmatic, interactional, and consensual endeavor to create a new meaning of life for the present and the future. The psychic reality of memories and fantasies consists primarily in their generation of meaning, regardless of how realistic they may otherwise be in the sense of containing objective reality.