Chapters 
 Transcript 
 Episode notes 
 1  2  3  4  5  6  7 
 Introduction 
 00:00 • 2min 
 The Pros and Cons of TLT 
 02:17 • 5min 
 The Rise and Fall of China 
 07:43 • 3min 
 The Importance of Comparative Devaluation 
 10:26 • 4min 
 The Rise of China as a Deflation Machine 
 13:58 • 5min 
 The New York Federal Reserve and Benjamin Strong's Cheating 
 18:49 • 2min 
 The Importance of Agriculture in the 20s 
 20:51 • 5min 


