Ambrose Evans-Pritchard is, as usual, wrong in calling for more inflation, but his analysis of the Fed's latest panic and crash is fascinating. And now, as Guido Hulsmann has noted, we face global hyperinflation as a result of what the Fed and friends have done to us. It's a revolutionary moment. May it not end in the full national socialization of the US and its empire, but a collapse of State presige and power, and a reexamination of sound money, sound banking, peace, and freedom. Certainly the Austrian School has the only explanation of what has happened and why, and what to do about it. Read Mises, Rothbard, Hayek, and Hazlitt. This is our moment. Let us seize it.