Inflation Revisited

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  A problem good students have is that when they are discouraged from understanding something, they take the hint. I’m attempting to boil away some of the mystical malarkey around our everyday understanding of inflation. Don’t demand to understand or agree with every detail. Inflation is a catchall for rising prices. I don’t have the prescription for rising prices. What I can do is categorize inflation first by currency and then by class. Use of this generic term obscures the distinction between currency inflation, our currencies value against other currencies and domestic inflation when our prices increase but stay in range of other nations or the price of oil. At this point there may be some free market(oxymoron) apologists who make their living prattling that currency inflation can be ignored: -The market will adjust. Cheaper currency means greater competitiveness in the world markets. This will lead to innovation and growth in the cheaper country. After which we all h...
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LVH2OSKI-

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Password restriction rules are Vogon. The initial problem is that people choose simple passwords that are easy to remember. It’s like locking the screen door to let in the breeze. But when you restrict the universe of passwords that people can choose from you make it easier to hack. The fallacy is to apply the tougher passwords to the original universe of all passwords. People are still going to use passwords that they can remember within the more difficult rules. If you dumped the password files in the more restrictive environments, you would find the same amount of redundancy.

Before you start counting up the permutations, consider your own passwords, hopefully you have more than one. I’m sure that several of them are clever phrases that you believe are unique and fall within the restrictions. mIright?

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Please do not post how you agree with me.