I'm not quite fully understanding the author's use of induction to prove the replacement theorem in their book Linear Algebra:
The induction hypothesis is, as I understand it, that the theorem holds for some integer $m\geq0$. How does the author then assert from this that there exists a set $L=\{v_1,v_2,...,v_{m+1}\}$ with $m+1$ linearly independent vectors? The theorem is assumed to be true for $m$, so to me the set $L$ should have at most $m$ vectors, as there could be no guarantee that the vector space in question has dimension greater than $m$. In fact, what's trying to be proven is precisely that the theorem would also hold for $m+1$, which would then enable such an assertion. What's the logic behind this thought process? Thanks.