out evenly.
It could inflate housing disproportionately, for instance (housing bubble), stocks, stock sectors (dot.com bubble), autos, art, or even tulips.
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp
But you are right that productivity gains can tend to cause prices to go lower. If widgets can be produced more easily or cheaply the price of widgets will tend to go down as more of them will be produced.
Edited by JeffB at 19:41:56 on 06/10/24