The Fed's horoscope
is dominated by major axes or groupings:
1) Mars and Neptune
rising opposite Jupiter.
2) The Sun opposite
Pluto, both squaring the zero Aries Midheaven.
The first grouping
is descriptive of the Fed's tendency to inflate the currency. How could any
entity with a hard Mars-Jupiter-Neptune aspect be expected to exercise
restraint and maintain a stable currency? An insider tells me that these
planets do describe the idealistic zeal or misguided ideas with which most Fed
employees go about their jobs (note Neptune ruling the ninth house and Mars the
tenth).
The
Sun-Pluto-Midheaven T-square describes the Fed's propensity to accumulate power
in a subtle fashion without the knowledge of most citizens (Pluto in the
twelfth). As we shall see in the next section, the Sun's rulership of the
second house is the Fed's ability to control the dollar value of all the
country's assets, which, in fact, is accomplished by a fifth house method
(Pluto's rulership).
Inflation, if you
have not guessed by now, is a Jupiter-Neptune phenomena - the illusion of
wealth. Recall the opposition in the Fed's chart, and if you still need
convincing, check the past effect of hard angles of these two planets on
bullion prices. In fact, one reason that the 1970s inflation was so severe was
due to the fact that not only was Neptune in Sag, but Jupiter was, too. There
were three conjunctions, and near the time of the last one, President Nixon
took the USA off of the gold standard by signing the Smithsonian Agreement.
Deflation is ruled by Saturn-Neptune. Paul Volcker revealed his plan to fight
inflation on October 6,1979 with Saturn square Neptune.
In August of 1929, Pluto moved onto the Fed Ascendant. During the
1920s the Fed tried to cope with the genie it had let out of the bottle, but as
Richard Nixon said in the Watergate tapes, "It's hard to get the
toothpaste back in the tube." Once this excess of money had been released in the 1916 to 1920 time
period, rampant speculation and inflation ensued. Most of the newly created
money was channeled into the stock market because that is where the bankers
could earn their highest rates of return. It is important to note that this
period differs significantly from the inflation we've just suffered in the
1970s, in that the money went into paper assets such as stocks and bonds. There
was a minor real estate boom that ended in 1926 and 1927, but the important
point to remember is that the dollar was still linked to gold in the 1920s.
Therefore, there was no reason to flee paper assets as there was in the 1970s.
So with the newly created purchasing power people bought stocks. Because stocks
are not part of the consumer price index, the inflation was not reflected so
much in the form of rising prices. But let's remember that the definition of
inflation is an excess creation of purchasing power, and not rising prices.
Fast forward to the current period and we have Pluto
transiting opposite the Fed’s Ascendant right on top of its radix Jupiter,
triggering the Mars-Neptune-Jupiter opposition. Aren’t we facing a period
similar to what Bill Meridian describes for 1929 when Pluto was over the
Ascendant? Astrologically speaking we cannot expect anything different. And as
Bill says, the point to remember is that the dollar was still linked to gold in
the 1920s…not now, so that what follows can be expected to be more of a
disaster.
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