ftwinnovations
Joined 15 years ago
Joined 15 years ago
We do not live in a true capitalist society anymore, although we still use the term, and so disparage it. Creditism would be better, since the government and federal reserve push debt/credit like its the way the world aught to work, instead of production, saving, and intelligent reinvestment.
This is what bothers me so much about the new anti-capitalist push. Sanders is right about the banks and Wall Street and the like, but he's dead wrong that capitalism is the problem. The problem is this perverse crony capitalist centrally planned insanity we've been living in.
And this is not a republican or democrat thing. Its basically just the way things have worked for a long time, highly accelerating when Nixon stuck the final nail in the gold standards coffin.
As to those who claim QE ended, and other nonsensical ignorant claims, that is irrelevant. The money went to reliquify the broke banks' balance sheets, and so of course did not immediately leave their digital vaults. That takes time, and we are slowly (technically not at all slowely) watching the destruction of the dollar's purchasing power via mass inflation, beginning with the assets closest to the money printing spigot: real estate, stocks, fine art, and other elite assets.
Apple/FB/etc do in fact make it difficult to switch - by adding value to their offerings. Users become more and more entrenched as they enjoy the benefits of new features. Oppressive governments, such as China, or any group committing espionage, promote specific paths by degrading opposing services. These are not related, and should not be confused.
One adds value (promoting healthy competition), the other uses coercive force.
However beyond that, you should be more educated before spouting historical "facts".
California Energy Deregulation: http://www.forbes.com/sites/williampentland/2013/10/13/after...
Federal Reserve History: https://smallbusiness.yahoo.com/advisor/federal-100-years-de...
In this case, your clock is simply wrong 24 hours a day.
Basically it's one base password and one repeating scheme, that gives me a unique complex password on every site, that's easy to remember, and doesn't require any special software to maintain!
Not to say instinct is bad. It's extremely valuable, and as Blink Theory pointed out so famously, has it's place as well.
But as you said, I agree it's bad advice to let one simply trump the other.
-Sir Mix-a-Lot