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Hyperinflation: Astrological Outlook 2010
By Robert Gover, USA
T
R
obert Gover (born November 2, 1929) grew up in an endowed orphanage (Girard College in Philadelphia), attended the University of Pittsburgh on athletic scholarship (swimming the butterfly), received a degree in economics, worked as a journalist, became a bestselling novelist by age 30, lived most of his life in California where he began his study of astrology, and now resides in Rehoboth Beach, Delaware. His latest novel is Two Brothers. He describes it as an “economic novel.” One brother becomes a millionaire, the other a skid row bum. A third character was an economics professor till he studied astrology—he was subsequently confined in an insane asylum. Robert’s first novel, One Hundred Dollar Misunderstanding, is a satire on racism and remains a cult classic. He has published 10 novels and 2 works of nonfiction, including Time and Money: the Economy and the Planets. He can be reached at [email protected].
he worst periods of inflation, going back to the Roman Empire, have occurred under Saturn-Uranus or Saturn-Neptune oppositions, and sometimes hard angles from Pluto have been involved. Saturn-Neptune oppositions occur every 36 years on the average; Saturn-Uranus oppositions occur every 45 years. Planets are said to be in opposition when, from our perspective on Earth, they are 180 degrees apart, putting we earthlings between them. Not every time a Saturn-Uranus or Saturn-Neptune opposition has formed has it coincided with hyperinflation. These oppositions apparently impact whatever is ripe to be affected. When what is ripe is a society’s monetary system, hyperinflation results. Here is a brief astrological history of some notable past hyperinflations: Year 150 Roman Empire: Saturn in Cancer opposite Uranus in Capricorn 1350 Black Plague: Saturn conjunct Pluto in Aries 1501 European gold imports: Saturn in Taurus opposite Pluto in Scorpio. T square Uranus in Aquarius
1720 John Law’s Mississippi Bubble and South Sea Bubble: Saturn in Scorpio opposite Neptune in Taurus, both square Moon’s Nodes 1782 American Revolution: Saturn 24 Sagittarius opposite Uranus 0 Cancer, both square Mars in Pisces 1784 French Revolution: Saturn in Taurus opposite Neptune in Scorpio, Uranus in Leo opposite Pluto in Aquarius 1862 American Civil War: Saturn and Jupiter conjunct in Virgo opposite Neptune in Pisces 1917-1923 Russian Revolution and German hyperinflation: Saturn conjunct Pluto 191415; Saturn conjunct Neptune 1917; Saturn opposite Uranus 1918-20. 1937 Chinese Revolution: Saturn in Pisces opposite Neptune in Virgo, both square Chiron in Gemini and Moon’s Nodes 1965 Indian Inflation: Saturn in Pisces opposite Uranus and Pluto conjunct in Virgo 2007-2010 USA: Saturn in Leo opposite Neptune in Aquarius 2007; Saturn in Virgo opposite Uranus in Pisces 2008. Then Saturn in Libra T sq. Uranus in Aires sq. Pluto in Capricorn 2010. What is called the Hyperinflation of the German Weimar Republic 1923—considered the worst in modern history—began in 1914 under a conjunction of Saturn and Pluto in Cancer.
It built up slowly but steadily during 1917 under a Saturn-Neptune conjunction in Leo.
And then rapidly gained momentum 1918 to 1920 under a series of six Saturn-Uranus oppositions, to climax in 1923.
An eyewitness said, “It was horrible. Horrible! Like lightening it struck. No one was prepared. You cannot imagine the rapidity with which the whole thing happened. The shelves in grocery stores were empty. You could buy nothing with your paper money.” From 2006-2007, Saturn opposed Neptune, and from 2008 through 2010 we have a series of Saturn-Uranus oppositions moving into a T square with Pluto. So economic predictions of hyperinflation are supported by the astrological history of past hyperinflations. If you’ve been doing your family’s shopping for at least ten years in the USA, you have probably noticed that food prices have doubled or even tripled, even as the mass media has told people inflation is being contained. This slow inflation has been going on since the creation of the Federal Reserve in December 1913. What you could buy then for a dollar costs $100 or more today. It has happened so slowly and gradually that most people have come to view it as normal. Hyperinflation would mean a 100 dollar bill quickly becomes worth more as toilet paper than money. What has me revisiting this depressing subject is an article online by economist John Williams (www.shadowstats.com). Williams specializes in actual economic statistics, correcting politicized statistics. Here’s the opening paragraph of his article titled “Hyperinflation Special Report”: “The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression. Hyperinflation could be experienced as early as 2010, if not before, and likely no more than a decade down the road. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics and a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement.” The last of five exact Saturn-Uranus oppositions will occur in July 2010. If the astrological past is prologue, we can expect hyperinflation to peak around the end of 2012. December 2012—famous for “end of the world” prophesies—marks the tightening of a Uranus-Pluto square that will dominate till at least 2018, and which, based on past history, can be expected to bring revolutionary transformations, as detailed in previous articles by me. Economist John Williams’ prediction of hyperinflation is supported by astrology, although Uranus may be the joker in the deck, as Uranus brings unprecedented surprises, and for much of 2010 Jupiter expands Uranus’ effects. Around the end of May 2010 the national mood of public opposition to the ruling oligarchy will begin to change as Uranus (conjunct Jupiter) moves from easy-going Pisces into Mars-ruled Aries, with both square Pluto and opposite Saturn. Note in the chart below how Pluto in Capricorn is conjunct the Sun-Pluto opposition of the Federal Reserve’s nativity, with both squaring Saturn in late Virgo opposite the conjunction of Jupiter and Uranus on the cusp of Aries.
Economist, Henry C. K. Liu, defined the joker when he said, “What we will have going forward is not Weimar Republic type price inflation, but a financial profit inflation…inducing the public to invest what remaining wealth they still hold only to lose more of it at the next market meltdown which will come when the profit bubble bursts.” (“Bogged Down at the Fed,” September 11, 2009, Asian Times Online.) 2. In 2010, we’ll be under the last of a five-series Saturn-Uranus opposition that was preceded by a Saturn-Neptune opposition in 2006-2007. This series of patterns has a history of bringing hyperinflation. Hyperinflation accompanies other social upheavals—when a money system gets out of whack, everyone’s life is upset. It’s said by most economists that the US government will have only two choices if/when hyperinflation hits—default, or issue a new super-inflated currency to repay the national debt with devalued money. But either would cheat those who invested in the debt—if you bought a $1,000 government bond in 2009 you won’t enjoy being paid with money in 2014 that buys only half or less of what your original $1,000 bought in 2009.
There is a third choice: Change the system from money loaned to government by the bankers of the Fed—to money issued by government debt-free for infrastructure projects, and also loaned to banks, who then make corporate and personal loans, the way they do now. Then gradually repay the existing national debt and be done with it. Changing from a “central” bank (privately owned) to a “national” bank (publically owned) would not eliminate the gnarly complexities of running a monetary system. But it would shift from protecting the financial sector to protecting the overall economy. And with Uranus involved astrologically, changing the money system is a heightened possibility. Most people already believe government issues money by “running the printing press.” Actually, the Fed runs the printing press in the form of computer digits—98% of what we call money is actually credit, a small portion of which is transformed into cash when workers are paid. If the USA changes the existing Fed-run, debt-based monetary system in time, a lot of pain and suffering can be avoided. Proposals are now being pushed by, among others, the American Monetary Institute and Congressman Dennis Kucinich. It’s not a new idea. It dates back to the time of Aristotle, who said that money’s highest and best use is as a means of exchange, and when money is misused to reproduce itself (as our financial sector now does), it will destroy society. Some kind of monetary system revolution is indicated by the astrology involved. The Fed’s natal Sun-Pluto opposition is now, and for the near future, being hit by hard angles from Saturn, Uranus and Pluto, a recipe for radical change. Astrology cannot tell us what changes we humans will decide to make, however. If asked where money comes from, most people say, “The bank.” And the national debt? “The government just prints money and spends it.” But if the government printed money (and/or distributed credit) why would it borrow from banks? Originating money in banks is an old habit dating back two cycles of Pluto in Capricorn ago, when the precursors of modern bankers were called moneychangers. Back then, most Europeans didn’t use money—they bartered. The wealthy used paper bills backed by their stores of precious metals, and most had a cozy relationship with their moneychangers/bankers. Now, in our modern urbanized world, money is as necessary to survival as air and water. Yet bankers conjure money from thin air and issue it as debt to those who use it as the medium of exchange for trade. The conjuring is done according to an artfully deceptive theory about “reserves” and “multiplier effects,” couched in esoteric jargon. And bankers still have a special relationship with the super wealthy. Five hundred years ago, money belonged to the rich alone. Today, money is more like water and electricity, a public utility used by everyone. In ancient Greece, it was decided that the civil authority (government) should create and issue money. American colonists also used this system. Ben Franklin was its major advocate.
For how a money system revolution can come about in our time, Google “debt-based money” and check out “Web of Debt,” or go to American Monetary Institute and read their proposed legislation—keeping in mind both the astrology involved and the horrendous resistance such a change is sure to meet. 3. “Contrary to popular belief, creeping inflation is not caused by the government irresponsibly printing dollars. It is caused by the banks expanding the money supply with loans.” (Ellen Hodgson Brown, “Web of Debt,” page 4.) In the USA’s Fed-run, debt-based monetary system, money is loaned into our economy as debt that must be repaid with interest—that’s the present rules of the game. But the bankers of the Fed loan only the principle. More loans must be made to repay interest. That’s what creates slow but steady inflation. If Fed banks loan two companies $100 each at 10%, the money supply increases by $200 but the total indebtedness increases by $220. Both companies must then find ways to repay a total of $220. More money is loaned into the system to repay existing debt, expanding future debt. Multiply by trillions and the cause of world poverty, wars for profit, and other social ills come into focus. “So we see that, under our debt-based money system, interest can never truly be paid off, but can only be shifted from one person to another, or one sector of the economy to another (public to private, or vice versa). That more than anything else is what creates our dog-eatdog, musical chairs economy—an economy in which millions of people work frantically to capture other people's (money); and in which virtually everyone works (to one extent or another, and whether they realize it or not) as indentured servants to the banking elite.” (Todd Altman in an essay titled “Rights vs. Privileges,” quoting Robert De Fremery). What India and the People’s Republic of China have done is adopt versions of the monetary system elucidated by Ben Franklin in Colonial America and used by Abe Lincoln to fight the Civil War without bankrupting the Union: Instead of government borrowing money from banks, government creates the money it needs. Yet any modern monetary system is complex and must be managed carefully. With the T square formed by Saturn, Uranus and Pluto becoming close to exact this summer, astrologers will have a chance to analyze how beliefs interact with hard aspects to produce positive or negative outcomes. Both the US Fed and the People’s Bank of China will be caught in a grand cross pattern, indicating crisis. The December 1, 1948 PBoC’s Mars-Jupiter conjunction in Capricorn opposite Uranus at 29 Gemini will be caught in the grand cross formed by Saturn, Uranus conjunct Jupiter, and Pluto conjunct the Moon’s North Node.
The US Fed’s December 23, 1913 Sun-Pluto opposition will be caught in the same grand cross.
The PBoC’s Sun (conjunct Moon, Mercury and Chiron) squares natal Saturn, which will be making a favorable trine to natal Mars-Jupiter under transiting Pluto and the North Node. The US Fed’s natal Jupiter-Uranus conjunction will be trine transiting Saturn. The question to be answered: Which money system will weather this difficult planetary pattern the most skillfully? Will China succumb to pressures from Europe and the USA to scrap their system and adopt the Fed’s debt-based system? Or will the Fed’s debt-based system be forced by circumstances to change and return to the principles of Ben Franklin and Abe Lincoln? Since most people believe the government already controls the nation’s monetary system, it’s possible that Congress could nationalize the Fed without many people being aware of it. Under the Saturn-Uranus-Pluto T-square now forming, it’s also possible that the USA and even the world economy could be hit by hyperinflation around late 2012. Some who are knowledgeable about monetary history are betting the USA’s Fed will be in for a major overhaul around this time. But it may turn out that some as-yet unknown alternative will arise. What the planetary pattern indicates is change. Exactly what will change how is up to people in power. 4. Concern about the Fed-controlled money system isn’t new. Even President Woodrow Wilson regretted signing the legislation creating the Fed, but years too late. Poet Ezra Pound railed against the Fed and wound up being imprisoned in an insane asylum. Anyone who proclaimed it a fraud was discredited as a conspiracy nut. Yet in 1934, the Credit Manager of the Federal Reserve Bank of Atlanta, Robert H. Hemphill, joined the conspiracy nuts when he exclaimed: “We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon.” What’s even more amazing, it seems to me, is that Hemphill apparently didn’t know this before he became a Fed Credit Manager. The national debts of all countries with privatized central banks are sliced and diced into bonds and sold all over the world, and the buyers of those IOU’s use them as media of exchange, money. But since the crash of 2008 and the TARP stimulus package, the fear is that many foreigners may stop buying US government bonds. Ellen Brown, author of “Web of Debt,” suggests that the US government stop trying to sell bonds abroad and sell them instead to the Fed, so
that our central bank can do what other bond-buyers now do, convert these IOU’s to money—to stimulate the domestic economy. Such a move would elicit fear of inflation, according to an argument that goes like this: “When this money hits Main Street as dollars competing for goods and services, the floodgates will open and hyperinflation will be upon us.” That is the argument keeping the stimulus money in the banks instead of loaned into the marketplace. Brown’s rebuttal: “Price inflation results only when ‘demand’ (money) exceeds ‘supply’ (goods and services). If the money is used to create goods and services, prices will remain stable. We have workers out of work and factories sitting idle. They need some demand (money) stimulating them to create supply, in order to make the economy productive again.” (From an essay on Ellen Brown’s blog titled “Lessons from the Japanese: Time to Replace Sovereign Debt with Sovereign Credit”.) Brown’s proposal reminds us that money can be anything we agree it is. In today’s world, buyers of US bonds may use those bonds as money. If I’m selling a car for $10,000 and you offer me US Treasury Bonds worth that much, we make the sale. But, you may say, the government is already printing money at a mad pace. To which Brown responds: “Money is being printed; but it is not being printed by the government. The U.S. government has opted to borrow rather than print, just as the Japanese did. The Federal Reserve is a privately-owned central bank, which issues Federal Reserve Notes (or dollars) and lends them to the government and to other banks. Those banks then leverage the money into many times that sum in interest-bearing loans.” For the Fed to buy back some of this debt and use it as money to stimulate the domestic economy could save us from a world of suffering. Eventually, it could even open the door for Congress to reform the Fed by ending its privatized status and returning our money to public control, where it works for the whole society. The bum rap against our existing privatized Fed-run system is that it slowly but surely enriches the already rich and, over time, downsizes the middle class and poor. A nationalized bank, controlled by managers responsive to the public, is the alternative. How to get from here to there? Brown’s suggestion could be the first step. However, the US Supreme Court’s decision January 21, 2010, a Uranus surprise, declared corporate money a form of unfettered free speech. This was a glorious victory for the Fed bankers and the corporate oligarchy, and a major setback for monetary reform. It amplifies the astrological indication that this period 2008 to 2018 may be viewed later as the most difficult in history. Monetary history makes one thing clear: Any money system that creates a misdistribution of wealth is unsustainable. The recent US Supreme Court decision exacerbates what was already a nasty misdistribution. It reminds us that the antithesis of democracy is pure, unregulated capitalism, and the purest form of capitalism is slavery, and slaves have nothing to lose by rebelling.
The dominant astrological pattern this decade is the long, lingering Uranus-Pluto square which creates a grand cross with the USA’s natal Sun-Saturn square. The Supreme Court decision of January 21, 2010 made the challenge of the coming decade at once more difficult and more crucial. Changing the money system is the key to coming through this decade in better shape, with a more equitable distribution of medium-of-exchange money, spreading wealth more horizontally and thus alleviating poverty. Given how integrated the world economy now is, the stakes are sky high for the whole human race. The biwheel chart below is for the New Moon in March 2015. Notice that this lunation hits the points of the chart’s grand cross. Uranus and Pluto are within 1 degree of square, and creating a grand cross with the USA’s natal Sun-Saturn square. Transiting Saturn is opposite the USA’s natal Uranus with both forming a grand cross with the lunation. With Mars conjunct Uranus at this time, some kind of violent upheaval in the USA is strongly indicated. Since the key to a democratic overthrow of oligarchy is the money system, that upheaval will probably involve the money system. Because the USA’s money system is so tightly integrated with the world economy, this means the whole world will be impacted Based on astrological history, we could get either hyperinflation or deflation. The last great deflation, the 1930s, unfolded under a previous Uranus-Pluto square, creating a grand cross with the USA’s natal Sun-Saturn square. We now refer to that decade as “the great depression.”
By Robert Gover, USA
T
R
obert Gover (born November 2, 1929) grew up in an endowed orphanage (Girard College in Philadelphia), attended the University of Pittsburgh on athletic scholarship (swimming the butterfly), received a degree in economics, worked as a journalist, became a bestselling novelist by age 30, lived most of his life in California where he began his study of astrology, and now resides in Rehoboth Beach, Delaware. His latest novel is Two Brothers. He describes it as an “economic novel.” One brother becomes a millionaire, the other a skid row bum. A third character was an economics professor till he studied astrology—he was subsequently confined in an insane asylum. Robert’s first novel, One Hundred Dollar Misunderstanding, is a satire on racism and remains a cult classic. He has published 10 novels and 2 works of nonfiction, including Time and Money: the Economy and the Planets. He can be reached at [email protected].
he worst periods of inflation, going back to the Roman Empire, have occurred under Saturn-Uranus or Saturn-Neptune oppositions, and sometimes hard angles from Pluto have been involved. Saturn-Neptune oppositions occur every 36 years on the average; Saturn-Uranus oppositions occur every 45 years. Planets are said to be in opposition when, from our perspective on Earth, they are 180 degrees apart, putting we earthlings between them. Not every time a Saturn-Uranus or Saturn-Neptune opposition has formed has it coincided with hyperinflation. These oppositions apparently impact whatever is ripe to be affected. When what is ripe is a society’s monetary system, hyperinflation results. Here is a brief astrological history of some notable past hyperinflations: Year 150 Roman Empire: Saturn in Cancer opposite Uranus in Capricorn 1350 Black Plague: Saturn conjunct Pluto in Aries 1501 European gold imports: Saturn in Taurus opposite Pluto in Scorpio. T square Uranus in Aquarius
1720 John Law’s Mississippi Bubble and South Sea Bubble: Saturn in Scorpio opposite Neptune in Taurus, both square Moon’s Nodes 1782 American Revolution: Saturn 24 Sagittarius opposite Uranus 0 Cancer, both square Mars in Pisces 1784 French Revolution: Saturn in Taurus opposite Neptune in Scorpio, Uranus in Leo opposite Pluto in Aquarius 1862 American Civil War: Saturn and Jupiter conjunct in Virgo opposite Neptune in Pisces 1917-1923 Russian Revolution and German hyperinflation: Saturn conjunct Pluto 191415; Saturn conjunct Neptune 1917; Saturn opposite Uranus 1918-20. 1937 Chinese Revolution: Saturn in Pisces opposite Neptune in Virgo, both square Chiron in Gemini and Moon’s Nodes 1965 Indian Inflation: Saturn in Pisces opposite Uranus and Pluto conjunct in Virgo 2007-2010 USA: Saturn in Leo opposite Neptune in Aquarius 2007; Saturn in Virgo opposite Uranus in Pisces 2008. Then Saturn in Libra T sq. Uranus in Aires sq. Pluto in Capricorn 2010. What is called the Hyperinflation of the German Weimar Republic 1923—considered the worst in modern history—began in 1914 under a conjunction of Saturn and Pluto in Cancer.
It built up slowly but steadily during 1917 under a Saturn-Neptune conjunction in Leo.
And then rapidly gained momentum 1918 to 1920 under a series of six Saturn-Uranus oppositions, to climax in 1923.
An eyewitness said, “It was horrible. Horrible! Like lightening it struck. No one was prepared. You cannot imagine the rapidity with which the whole thing happened. The shelves in grocery stores were empty. You could buy nothing with your paper money.” From 2006-2007, Saturn opposed Neptune, and from 2008 through 2010 we have a series of Saturn-Uranus oppositions moving into a T square with Pluto. So economic predictions of hyperinflation are supported by the astrological history of past hyperinflations. If you’ve been doing your family’s shopping for at least ten years in the USA, you have probably noticed that food prices have doubled or even tripled, even as the mass media has told people inflation is being contained. This slow inflation has been going on since the creation of the Federal Reserve in December 1913. What you could buy then for a dollar costs $100 or more today. It has happened so slowly and gradually that most people have come to view it as normal. Hyperinflation would mean a 100 dollar bill quickly becomes worth more as toilet paper than money. What has me revisiting this depressing subject is an article online by economist John Williams (www.shadowstats.com). Williams specializes in actual economic statistics, correcting politicized statistics. Here’s the opening paragraph of his article titled “Hyperinflation Special Report”: “The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression. Hyperinflation could be experienced as early as 2010, if not before, and likely no more than a decade down the road. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics and a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement.” The last of five exact Saturn-Uranus oppositions will occur in July 2010. If the astrological past is prologue, we can expect hyperinflation to peak around the end of 2012. December 2012—famous for “end of the world” prophesies—marks the tightening of a Uranus-Pluto square that will dominate till at least 2018, and which, based on past history, can be expected to bring revolutionary transformations, as detailed in previous articles by me. Economist John Williams’ prediction of hyperinflation is supported by astrology, although Uranus may be the joker in the deck, as Uranus brings unprecedented surprises, and for much of 2010 Jupiter expands Uranus’ effects. Around the end of May 2010 the national mood of public opposition to the ruling oligarchy will begin to change as Uranus (conjunct Jupiter) moves from easy-going Pisces into Mars-ruled Aries, with both square Pluto and opposite Saturn. Note in the chart below how Pluto in Capricorn is conjunct the Sun-Pluto opposition of the Federal Reserve’s nativity, with both squaring Saturn in late Virgo opposite the conjunction of Jupiter and Uranus on the cusp of Aries.
Economist, Henry C. K. Liu, defined the joker when he said, “What we will have going forward is not Weimar Republic type price inflation, but a financial profit inflation…inducing the public to invest what remaining wealth they still hold only to lose more of it at the next market meltdown which will come when the profit bubble bursts.” (“Bogged Down at the Fed,” September 11, 2009, Asian Times Online.) 2. In 2010, we’ll be under the last of a five-series Saturn-Uranus opposition that was preceded by a Saturn-Neptune opposition in 2006-2007. This series of patterns has a history of bringing hyperinflation. Hyperinflation accompanies other social upheavals—when a money system gets out of whack, everyone’s life is upset. It’s said by most economists that the US government will have only two choices if/when hyperinflation hits—default, or issue a new super-inflated currency to repay the national debt with devalued money. But either would cheat those who invested in the debt—if you bought a $1,000 government bond in 2009 you won’t enjoy being paid with money in 2014 that buys only half or less of what your original $1,000 bought in 2009.
There is a third choice: Change the system from money loaned to government by the bankers of the Fed—to money issued by government debt-free for infrastructure projects, and also loaned to banks, who then make corporate and personal loans, the way they do now. Then gradually repay the existing national debt and be done with it. Changing from a “central” bank (privately owned) to a “national” bank (publically owned) would not eliminate the gnarly complexities of running a monetary system. But it would shift from protecting the financial sector to protecting the overall economy. And with Uranus involved astrologically, changing the money system is a heightened possibility. Most people already believe government issues money by “running the printing press.” Actually, the Fed runs the printing press in the form of computer digits—98% of what we call money is actually credit, a small portion of which is transformed into cash when workers are paid. If the USA changes the existing Fed-run, debt-based monetary system in time, a lot of pain and suffering can be avoided. Proposals are now being pushed by, among others, the American Monetary Institute and Congressman Dennis Kucinich. It’s not a new idea. It dates back to the time of Aristotle, who said that money’s highest and best use is as a means of exchange, and when money is misused to reproduce itself (as our financial sector now does), it will destroy society. Some kind of monetary system revolution is indicated by the astrology involved. The Fed’s natal Sun-Pluto opposition is now, and for the near future, being hit by hard angles from Saturn, Uranus and Pluto, a recipe for radical change. Astrology cannot tell us what changes we humans will decide to make, however. If asked where money comes from, most people say, “The bank.” And the national debt? “The government just prints money and spends it.” But if the government printed money (and/or distributed credit) why would it borrow from banks? Originating money in banks is an old habit dating back two cycles of Pluto in Capricorn ago, when the precursors of modern bankers were called moneychangers. Back then, most Europeans didn’t use money—they bartered. The wealthy used paper bills backed by their stores of precious metals, and most had a cozy relationship with their moneychangers/bankers. Now, in our modern urbanized world, money is as necessary to survival as air and water. Yet bankers conjure money from thin air and issue it as debt to those who use it as the medium of exchange for trade. The conjuring is done according to an artfully deceptive theory about “reserves” and “multiplier effects,” couched in esoteric jargon. And bankers still have a special relationship with the super wealthy. Five hundred years ago, money belonged to the rich alone. Today, money is more like water and electricity, a public utility used by everyone. In ancient Greece, it was decided that the civil authority (government) should create and issue money. American colonists also used this system. Ben Franklin was its major advocate.
For how a money system revolution can come about in our time, Google “debt-based money” and check out “Web of Debt,” or go to American Monetary Institute and read their proposed legislation—keeping in mind both the astrology involved and the horrendous resistance such a change is sure to meet. 3. “Contrary to popular belief, creeping inflation is not caused by the government irresponsibly printing dollars. It is caused by the banks expanding the money supply with loans.” (Ellen Hodgson Brown, “Web of Debt,” page 4.) In the USA’s Fed-run, debt-based monetary system, money is loaned into our economy as debt that must be repaid with interest—that’s the present rules of the game. But the bankers of the Fed loan only the principle. More loans must be made to repay interest. That’s what creates slow but steady inflation. If Fed banks loan two companies $100 each at 10%, the money supply increases by $200 but the total indebtedness increases by $220. Both companies must then find ways to repay a total of $220. More money is loaned into the system to repay existing debt, expanding future debt. Multiply by trillions and the cause of world poverty, wars for profit, and other social ills come into focus. “So we see that, under our debt-based money system, interest can never truly be paid off, but can only be shifted from one person to another, or one sector of the economy to another (public to private, or vice versa). That more than anything else is what creates our dog-eatdog, musical chairs economy—an economy in which millions of people work frantically to capture other people's (money); and in which virtually everyone works (to one extent or another, and whether they realize it or not) as indentured servants to the banking elite.” (Todd Altman in an essay titled “Rights vs. Privileges,” quoting Robert De Fremery). What India and the People’s Republic of China have done is adopt versions of the monetary system elucidated by Ben Franklin in Colonial America and used by Abe Lincoln to fight the Civil War without bankrupting the Union: Instead of government borrowing money from banks, government creates the money it needs. Yet any modern monetary system is complex and must be managed carefully. With the T square formed by Saturn, Uranus and Pluto becoming close to exact this summer, astrologers will have a chance to analyze how beliefs interact with hard aspects to produce positive or negative outcomes. Both the US Fed and the People’s Bank of China will be caught in a grand cross pattern, indicating crisis. The December 1, 1948 PBoC’s Mars-Jupiter conjunction in Capricorn opposite Uranus at 29 Gemini will be caught in the grand cross formed by Saturn, Uranus conjunct Jupiter, and Pluto conjunct the Moon’s North Node.
The US Fed’s December 23, 1913 Sun-Pluto opposition will be caught in the same grand cross.
The PBoC’s Sun (conjunct Moon, Mercury and Chiron) squares natal Saturn, which will be making a favorable trine to natal Mars-Jupiter under transiting Pluto and the North Node. The US Fed’s natal Jupiter-Uranus conjunction will be trine transiting Saturn. The question to be answered: Which money system will weather this difficult planetary pattern the most skillfully? Will China succumb to pressures from Europe and the USA to scrap their system and adopt the Fed’s debt-based system? Or will the Fed’s debt-based system be forced by circumstances to change and return to the principles of Ben Franklin and Abe Lincoln? Since most people believe the government already controls the nation’s monetary system, it’s possible that Congress could nationalize the Fed without many people being aware of it. Under the Saturn-Uranus-Pluto T-square now forming, it’s also possible that the USA and even the world economy could be hit by hyperinflation around late 2012. Some who are knowledgeable about monetary history are betting the USA’s Fed will be in for a major overhaul around this time. But it may turn out that some as-yet unknown alternative will arise. What the planetary pattern indicates is change. Exactly what will change how is up to people in power. 4. Concern about the Fed-controlled money system isn’t new. Even President Woodrow Wilson regretted signing the legislation creating the Fed, but years too late. Poet Ezra Pound railed against the Fed and wound up being imprisoned in an insane asylum. Anyone who proclaimed it a fraud was discredited as a conspiracy nut. Yet in 1934, the Credit Manager of the Federal Reserve Bank of Atlanta, Robert H. Hemphill, joined the conspiracy nuts when he exclaimed: “We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon.” What’s even more amazing, it seems to me, is that Hemphill apparently didn’t know this before he became a Fed Credit Manager. The national debts of all countries with privatized central banks are sliced and diced into bonds and sold all over the world, and the buyers of those IOU’s use them as media of exchange, money. But since the crash of 2008 and the TARP stimulus package, the fear is that many foreigners may stop buying US government bonds. Ellen Brown, author of “Web of Debt,” suggests that the US government stop trying to sell bonds abroad and sell them instead to the Fed, so
that our central bank can do what other bond-buyers now do, convert these IOU’s to money—to stimulate the domestic economy. Such a move would elicit fear of inflation, according to an argument that goes like this: “When this money hits Main Street as dollars competing for goods and services, the floodgates will open and hyperinflation will be upon us.” That is the argument keeping the stimulus money in the banks instead of loaned into the marketplace. Brown’s rebuttal: “Price inflation results only when ‘demand’ (money) exceeds ‘supply’ (goods and services). If the money is used to create goods and services, prices will remain stable. We have workers out of work and factories sitting idle. They need some demand (money) stimulating them to create supply, in order to make the economy productive again.” (From an essay on Ellen Brown’s blog titled “Lessons from the Japanese: Time to Replace Sovereign Debt with Sovereign Credit”.) Brown’s proposal reminds us that money can be anything we agree it is. In today’s world, buyers of US bonds may use those bonds as money. If I’m selling a car for $10,000 and you offer me US Treasury Bonds worth that much, we make the sale. But, you may say, the government is already printing money at a mad pace. To which Brown responds: “Money is being printed; but it is not being printed by the government. The U.S. government has opted to borrow rather than print, just as the Japanese did. The Federal Reserve is a privately-owned central bank, which issues Federal Reserve Notes (or dollars) and lends them to the government and to other banks. Those banks then leverage the money into many times that sum in interest-bearing loans.” For the Fed to buy back some of this debt and use it as money to stimulate the domestic economy could save us from a world of suffering. Eventually, it could even open the door for Congress to reform the Fed by ending its privatized status and returning our money to public control, where it works for the whole society. The bum rap against our existing privatized Fed-run system is that it slowly but surely enriches the already rich and, over time, downsizes the middle class and poor. A nationalized bank, controlled by managers responsive to the public, is the alternative. How to get from here to there? Brown’s suggestion could be the first step. However, the US Supreme Court’s decision January 21, 2010, a Uranus surprise, declared corporate money a form of unfettered free speech. This was a glorious victory for the Fed bankers and the corporate oligarchy, and a major setback for monetary reform. It amplifies the astrological indication that this period 2008 to 2018 may be viewed later as the most difficult in history. Monetary history makes one thing clear: Any money system that creates a misdistribution of wealth is unsustainable. The recent US Supreme Court decision exacerbates what was already a nasty misdistribution. It reminds us that the antithesis of democracy is pure, unregulated capitalism, and the purest form of capitalism is slavery, and slaves have nothing to lose by rebelling.
The dominant astrological pattern this decade is the long, lingering Uranus-Pluto square which creates a grand cross with the USA’s natal Sun-Saturn square. The Supreme Court decision of January 21, 2010 made the challenge of the coming decade at once more difficult and more crucial. Changing the money system is the key to coming through this decade in better shape, with a more equitable distribution of medium-of-exchange money, spreading wealth more horizontally and thus alleviating poverty. Given how integrated the world economy now is, the stakes are sky high for the whole human race. The biwheel chart below is for the New Moon in March 2015. Notice that this lunation hits the points of the chart’s grand cross. Uranus and Pluto are within 1 degree of square, and creating a grand cross with the USA’s natal Sun-Saturn square. Transiting Saturn is opposite the USA’s natal Uranus with both forming a grand cross with the lunation. With Mars conjunct Uranus at this time, some kind of violent upheaval in the USA is strongly indicated. Since the key to a democratic overthrow of oligarchy is the money system, that upheaval will probably involve the money system. Because the USA’s money system is so tightly integrated with the world economy, this means the whole world will be impacted Based on astrological history, we could get either hyperinflation or deflation. The last great deflation, the 1930s, unfolded under a previous Uranus-Pluto square, creating a grand cross with the USA’s natal Sun-Saturn square. We now refer to that decade as “the great depression.”
