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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def password(self, length: int = 8, hashed: bool = False) -> str: """Generate a password or hash of password. :param length: Length of password. :param hashed: MD5 hash. :return: Password or hash of password. :Example: k6dv2odff9#4h """

        text = ascii_letters + digits + punctuation
        password = ''.join([self.random.choice(text) for _ in range(length)])

        if hashed:
            md5 = hashlib.md5()
            md5.update(password.encode())
            return md5.hexdigest()
        else:
            return password