Forgot your password?

Comment: Re:sure, works for France (Score 1) 290

Expanding fiat currency leads to economic reduction, stagnation and often collapse, history is on my side, you don't have anything on yours. 1971 - the year of default on the US dollar was the beginning of the end of USA economy, since then the productivity has been shrinking, deficits and debts growing, government growing and individual freedoms shrinking at an increasing rate.

That's one example, obviously there are thousands, including USSR, Weimar Republic and at least 30 examples of countries destroying their currency that way in only the last 100 years.

As to whether any amount of inflation of fiat currency is bad, yes, theft and thus misallocation of resources from those who produce to those who do not produce in the free market (not enough to be compensated for it by more than what the stolen or inflated currency allowed) is not good by any stretch of imagination, unless you have your head stuck all the way up into your ass.

Comment: Re:Tower Systems (Score 2, Informative) 305

I build and supply retail chain management systems and part of the platform is a store management system, which communicates with POS machines (in most cases via a share). So our solution to what you are describing (a common problem with POS systems) is to put our store management system on a Linux machine that has 2 network cards in it, one is the Internet connection and the other is LAN, this Linux machine runs the store management system and it becomes local network manager and a firewall.

The POS machines are on the LAN only, no Internet connection for them, the store management system connects to the retail management system that is external to the store (controls the entire chain). This way we can avoid this huge security breach.

Comment: common or not, it's not prudent (Score 0) 305

Well, whether this practice is common or not is probably irrelevant, it is still not a prudent thing to do.

I build and supply retail chain management software to a number of chains, there are dozens of stores that use it, we switch at least one computer in a store to a Linux machine that runs the store management software (the chain management software is a central system and it doesn't run in a store, but all stores talk to it.)

Store management system is on the Linux machine that faces the Internet, it has 2 network cards, one is the Internet and the other is LAN (the same machine controls the LAN). Since this is Linux, iptables is used to filter out any unnecessary traffic.

I think there should be some sort of packet filter on Internet facing equipment, POS or anything else.

Comment: Re:sure, works for France (Score 1) 290

Nonsense, inflation is expansion of money supply, nothing else. Rising prices (or prices that are failing to fall) can be a result of inflation. Inflation changes the size of the measurement units of the economy, value of the currency. Inflation does not improve economy in any way, it destroys the economy both by destroying value of savings and rising prices of real savings, thus denying access to capital for productive purposes and pushing up nominal prices of assets, creating asset bubbles, making it look like economy is growing (faking the GDP), while in reality the economy stays the same (or shrinks), only the units change.

You are using this in an Orwellian fashion to confuse the population on the causes of inflation and its effects.

Comment: Re:The American Dream (Score -1, Flamebait) 495

by roman_mir (#47563067) Attached to: 35% of American Adults Have Debt 'In Collections'

Socialism is fascism. Socialists want to control companies and companies fight back and buy political power, but the only reason political power can be bought is because socialists allow government to usurp all that power.

The reason for all this debt is lack of productivity and substitution of a real economy with a fake one.

    Americans are an extremely unproductive bunch, living at the expense of the productive Chinese and others, printing money and 'buying' products created by others that they themselves do not produce, thus the 500 Billion USD/year trade deficits for a couple of decades now.

Inflation is rampant, of-course the publicly 'educated' children do not understand what inflation is or why it is bad and they revolt at that thought.

Comment: Re:sure, works for France (Score 1) 290

Ha ha, as I said, once you redefine the words you can claim all sorts of nonsense.

1927, New Century Dictionary
Inflation: "The act of inflating, or the state of being inflated, specifically expansion or increase of the currency of a country by the issuing of paper money especially paper money not redeemable in specie or that is insufficiently secured by precious metal."

Not even a mention of prices.

Deflation is defined as the opposite of inflation.

Of-course the earlier in the dictionary world you go the more correct the definition, and the closer to the present, the more propaganda and nonsense is added to the definition, inserting the level of prices into definition of expansion and contraction of money supply. Prices do not inflate or deflate of-course, only total supply of money inflates and deflates. Inflation and deflation are changes in the measurement units, not changes in the economic output. Once you redefine the meanings of the words you lose all meaning altogether.

Once you ask the wrong question it doesn't matter what the answer is.

Comment: Re:sure, works for France (Score 1) 290

Of-course I completely forgot to mention all of the service prices that are rising, from accounting, to lawyers, to court fees, to mailing, to education, to car repair, etc.

Did I forget to mention coffee and coffee shops?

Obviously water

They will talk about drought and bandits and weather and climate and every single excuse under the Sun except for the actual real cause of this nonsense: inflation.

"We learn from history that we learn nothing from history." -- George Bernard Shaw