Well, yes, but that's an application of varied meaning to an ordinary "stages" type spread. Past/present/future and other similar spreads are likewise doable if the structural issues are dealt with.

Basically, the Tarot covers a lot of archetypes and concepts from different points of view (various suits that may echo the Major Arcana), where the Hero's Deck does not.

This could be solved by shuffling several times for each part of a reading, perhaps.