[muawiyah]

Still, we continue to have a vast industrial enterprise churning out more value than ever before in our history at ever lower prices.

Deflation is, in fact, ruining our economy at a personal level and the primary source of deflation is high productivity improvements in industrial activity.

Mechanization, automation, computerization and robotics are doing this.

[raybbr]

What, exactly, are we “churning out”? While I agree that automation has increased productivity, what are we producing that has such high value?