Ben Bernanke ， Astrology， Horoscope，FED, USA, financial crisis, 2009, 2010 and 2011 Part 2

Very often, we are left wondering what else Ben Bernake has done apart from throwing money to feed the banking d**s when we are watching his appearances on the US congress hearings on FED and the economy.

I had made the same conclusion about Ben Bernanke’s performance as Mt Warren Edward Buffett: Mr Bernanke had performed well under those horrible circumstances during the peak of the financial crisis 2008. Most of you might be wondering what Bernanke has done to deserve some praises from insiders like me (I am not working in Wall Street or London but I do have inside information how they work those things out).

We all know that Mr Bernanke did whatever he could after the financial meltdown begins in 2008 and together with other top US officials they bailed out lots of financial institutions deemed too big to fail. Such actions will definitely outrage the entire world (especially the lovely US citizens who for the majority of them hadn’t got a clue to how important and interconnected are the financial instruments to our daily lives).

He even went on further to extend the regulatory authority to the “Shadow banking system “ by introducing a Alphabetical soup of financial papers, aimed to tackle the problem directly. However, after months of hard work during the later part of 2008, one issue remains: how to stabilize the US dollar and continue its authority as the world’s reserve currency?

From past experience, the dollar position as the world’s only reserve currency was very much untouched for a long time. Even if a financial downturn happened once a while, the very facts that US has the one of the best legal systems in the world and the largest economy in the world made it “the best of the rotten apples “ ( e.g. US economy is bad but the rest of the world is even worse so if you don’t use US dollar as reserve currency, which other one can replace it?). Therefore, when the US economy falls into recession usually the rest of the world will suffer.

However, the meltdown on the Wall Street caused the FED to re-think about such assumptions because this crisis fundamentally damages the credibility and the confidence of the US dollar and thus the US economy.

Think about it guys: if you are the chairman of FED and the world has lost confidence in the US economy. You are immediately faced with the possibility that the world market might sell US Dollar to buy gold and other commodity to advert the risk of inflation and the devaluing of the US Dollar. What are you going to do in time of a Dollar crisis?

Out of thought, eh? Well, if Mr Bernanke were to run out of his tricks in 2008, then US economy probably had collapsed. This is actually what happens: sometime during the end of 2008, Goldman Sachs and HSBC mysteriously began buying gold on the market. Rumours soon started to circulate around the world that the gold price is going to skyrocket soon, come on guys buy gold! True enough the price of gold shot up and the financial institutions made huge profit in the gold trading at that time.  Now, you might wonder: what has this got to do with the position of US Dollar in 2008?

Well, 2008 was the most uncertain period for the US Dollar in decades. Stabilizing the Dollar and continuing its position as the world’s reserve currency are paramount. Actions taken by Goldman Sachs and HSBC helped that course. You may wonder: how? Traditionally, isn’t it true that when the gold prices rise, the US Dollar devalues? Well, that is true “usually”. Think about it guys: how do you buy gold on the market? Well, easy you change your home currency to US Dollar … and then buy gold. Wait a minute, did we just mention that: you change your home currency to US Dollar?

Yes, we did. And that is exactly why when the price of gold was rising, the US dollar appreciate as well, and the rest of the world’s (free-trade) currencies devalued. Smart, isn’t it. This is due to the Seven Killings (Jia 甲) taking effect in his birth chart. The other conundrum that many of you might ask is: since the FED had printed so much money where is the inflation?

Well, there are actually two parts to that question, but I am going to give one of the answers: Bernanke figured a smart way round the problem. Here is how you do it: the Treasury used the National Bond to buy the illiquid assets, so that the Fed can keep the cash (because the private firms have to buy the National Bonds from the Fed first) and the private firms cleared their balance sheet” Perfect, isn’t . This is a master plan probably brought about by Bernanke. The lessons we learnt from the Japanese decade-long recession is that the negative/ugly balance sheet of the private firms was what eventually caused the Japanese downfall. Thus, if the US government can use default-free bonds to clear the damaged balance sheet of the private firms, then that risk is minimized.

At the same time, there are two other obvious advantages:

Net M2 is reduced substantially compared to any other method which means that the chance of hyper-inflation is minimized. Thus, the position of the USD Dollar is also secured.

The cash flow held by the FED can be used to give to those who are really in need of those cash. Smart, isn’t it? That’s why Ben Bernanke is the Chairman of FED and we are sitting in front of our computers reading this stupid post!

Ben Bernanke ， Astrology， Horoscope，FED, USA, financial crisis, Bazi, 2009, 2010 and 2011 Part 1

Ben Bernake’s Natal Chart (Bazi):

正财　　　 七杀　　　 日主　　　 正印
乾造：　　癸巳　　　 甲子　　　 戊戌　　　 丁巳

庚食神　　 癸正财　　 辛伤官　　 庚食神
丙枭神　　 　　　　　 丁正印　　 丙枭神
戊比肩　　 　　　　　 戊比肩　　 戊比肩

正财　　偏财　　伤官　　食神　　劫财　　比肩　　正印　　枭神
大运：癸亥　　壬戌　　辛酉　　庚申　　己未　　戊午　　丁巳　　丙辰
3岁　　13岁　　23岁　　33岁　  43岁　    53岁　    63岁　73岁
始于：1955　　1965　　1975　　1985　　1995　　2005　　2015　　2025

Mr Ben Shalom Bernanke was probably born on December 13, 1953 at about 9:00am – 11:00am. The reason why I said it is probably because only this time fits with his background and experience in Preston College. However, due to the peculiar nature of the Federal Reserve ( It is still a private entity for those of you who have not known yet) .

As always the very first thing you do when reading the birth chart is to derive its category. To derive a category in Four Pillars (Bazi), we should always look at the month first. If any of the Ten Gods in the month was to be appeared at the Heaven Stems (excluding the Day Master of course!), then that Ten God will be the Useful God to be used to determine the category of the birth chart. A useful reminder here: what we do after we determine the Useful God is interesting: we look at the rest of the characters to determine if we can find an Auxiliary God in relation to the Useful God

This process is called determining the Category of Bazi (which is mentioned at great length in the ancient books).

If we cannot find a category, then we have to determine another Useful God and recurs the whole process again until we find a Category. If there is to be no category found, then the birth chart has no category and it will be a poor birth chart = one’s life will not be good (I will try to find time to talk about the consequence of non-categorised Bazi, but at the moment it is irrelevant to our article here).

Now, Bernanke’s situation is unique: there is a rule of thumb when reading Bazi recorded in the ancient book 神峰通考:

The category of Seven Killings/ Officer should be considered first even if there is only one Seven Killings/ Officer appears in the Bazi Chart. Only if the category of Seven Killings/ Officer cannot be materialised, then the rest of the categories will be considered.

In original Chinese:

有杀先论杀，无杀方论用

用 = Useful God ( Earth Branch in the Month Pillar)

杀 = Seven Killings

先论 = first consider

有 = have , there is

无 = there exists none

论 = consider

Clearly with a single Jia 甲, Seven Killings hovering on the Heaven Stem of the month pillar, we will have to consider the Seven Killings Jia when identifying the category.

Clearly, the Heaven Stems form Seven Killings Produce Resource Category (read it horizontally) and the Earth Branches forms Wealth equipped with Resource Category. This is a case of two categories in one Bazi Chart.

For the Heaven Stems, the Useful God is Seven Killings, the Auxiliary God is Resource. For the Earth Branches, the Useful God is Wealth, the Auxiliary God is Resource.

Gold, the Hurting officer and Eating God of Mr Bernanke, produces wealth during his

20s and 30s (look at his Luck Pillars please). Bernanke, during one of the interviews admitted that he was accepted into Harvard but his parents do not wish him to travel that far away from home (a humble town in California). However, Bernanke was so determined and rebellious (Hurting officer and Eating God anyone?) at that time, his parents eventually succumb to his request and even went on to support him financially. Very rare indeed for the eldest son of the family!

During his 40s and 50s, his Luck Pillars travelled to the Resource. This is when he made his name in the Education realm. As a scholar, he was also instrumental in helping Alan Greenspan to get out of the financial crisis in 1986-1987 (the S&L crisis). Resource also represents education; this is when he became the chief of economics department in Princeton University.

Resource also represents social status and job. That is the reason why he got the job as the head of the FED at 2006 when the year was丙戌 (a year full of resource for Mr Berrnake). Because of the fact that he falls into Wealth equipped with Resource Category, his job will be related to finance and wealth.

According to the ancient book, Seven Killings (Category) is cunning and deceptive while Wealth (Category) is honest and rationale. Well, Mr Bernanke has them both.

When the financial crisis came to its peak in October last year, many people on the mainstream America questions Bernanke’s policy of saving financial institutions which are too big to fail. I am afraid to say that Bernanke has got it right. Though Mr Bernanke is a long time advocate for free Capitalist economy, he intervened in the financial market without much hesitation. This is actually the pragmatic side of Wealth influence on his character.

The reason he has to save those F***ing, useless banks? Here’s what he said during an interview:” If you’ve a neighbour who smokes in bed and he’s a risk to everybody. And suppose he sets fire to his house. You might say to yourself: I’m not going to call the fire department, let his house burnt down. It’s fine with me. But then of course what if your house was made of wood and next to his house? What if the whole town is made of wood? I think we’ll all agree that the rightn thing to do was to put out the fire first, and say what punishment appropriate? …”.

The crisis was coming at that time and many have predicted it (Dr Doom, Jim Cramer and of course including me). Now, Warren Buffet made an honest assessment of Ben Bernanke in 2009:”I’ll give him 70/100”, the highest score among all US Officials (including Obama). That was an honest statement and in the next article, I will explain why.