I thought Bessent's comments today (March 7, 2025) about using stablecoins to "ensure US dollar hegemony" were interesting considering your post. Makes you wonder what they're planning. It's also interesting how his comments come during a week of stock market turbulence, a week before the US budget is due (and the lunar eclipse), and just weeks before the solar eclipse.
I also want to mention that stagflation was a big deal in the 1970s after a series of economic shocks, particularly in 1973 when supply chains were disrupted. Stagflation is back in the news this past week. It seems we are reliving the 1970s.
Hi Michelle! Thanks for commenting. The timing of Bessent's comments was very interesting and the market turbulence is continuing this week. It does make you wonder what they are planning and what's going to happen next.
I had a quick look at Bessent's astrology on the 29th of March too. And it's perhaps not surprising that he is experiencing some serious transits as well. The eclipse forms the apex of a yod to his Leo North Node and Venus in Libra (I don't have a birth time, so no houses). Neptune at the last degree of Pisces is exactly squaring his natal Gemini Mars.
And later this year he will have Uranus squaring his Sun at 28 degrees Leo and his natal Uranus at 0'43 Virgo.
Just thought that might be of interest to add here too.
And good point about stagflation. That's never been the official term used for the economic problems we've been struggling with here in the UK, but we're not far off.
I thought Bessent's comments today (March 7, 2025) about using stablecoins to "ensure US dollar hegemony" were interesting considering your post. Makes you wonder what they're planning. It's also interesting how his comments come during a week of stock market turbulence, a week before the US budget is due (and the lunar eclipse), and just weeks before the solar eclipse.
I also want to mention that stagflation was a big deal in the 1970s after a series of economic shocks, particularly in 1973 when supply chains were disrupted. Stagflation is back in the news this past week. It seems we are reliving the 1970s.
Hi Michelle! Thanks for commenting. The timing of Bessent's comments was very interesting and the market turbulence is continuing this week. It does make you wonder what they are planning and what's going to happen next.
I had a quick look at Bessent's astrology on the 29th of March too. And it's perhaps not surprising that he is experiencing some serious transits as well. The eclipse forms the apex of a yod to his Leo North Node and Venus in Libra (I don't have a birth time, so no houses). Neptune at the last degree of Pisces is exactly squaring his natal Gemini Mars.
And later this year he will have Uranus squaring his Sun at 28 degrees Leo and his natal Uranus at 0'43 Virgo.
Just thought that might be of interest to add here too.
And good point about stagflation. That's never been the official term used for the economic problems we've been struggling with here in the UK, but we're not far off.
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