Innovation Timeline
There is a very interesting “Innovation Timeline” (pdf) created by the What’s Next website. You will probably need to zoom the picture to read the listed innovations, but here is some of the stuff that they predict to appear before 2050:
- moon village
- gravity tube
- self-driving cars
- single global currency
- global voting
- 3D printers
- nanodrinks
- human memory downloads
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Dear Innovation,
Your prediction of a Single Global Currency is on the money, so to speak. The goal of the Single Global Currency Association is 2024. Mark Wolf of the U.K.’s Financial Times, predicts 2055, so 2050 is close.
The benefits of a Single Global Currency, managed by a Global Central Bank, within a Global Monetary Union, will be substantial:
- Annual transaction costs of $400 billion will be eliminated.
- Worldwide asset values will increase by about $36 trillion.
- Worldwide GDP will increase by about $9 trillion.
- Global currency imbalances will be eliminated.
- All Balance of Payments problems will be eliminated.
- Currency crises will be prevented.
- Currency speculation will be eliminated.
- The need for foreign exchange reserves will be eliminated.
Such gains are realistic and attainable if the world decides to pursue them. The monetary unions of Europe, the Caribbean, Africa and Brunei/Singapore have shown the way.
The goal of a Single Global Currency should be announced by the world’s financial leaders, including the IMF. Research and planning should begin now.
Sincerely,
Morrison
Morrison Bonpasse
President
Single Global Currency Association
P.O. Box 390
Newcastle, ME 04553 USA
1-207-586-6078
www.singleglobalcurrency.org
Morrison, I think that 2024 is a bit of a stretch for a single global currency! But time will tell.
Hi Daniel,
Seeing as you seemed to like my last map of the future (the innovation timeline), I thought you’d be interested to see another…
http://www.nowandnext.com/PDF/extinction_timeline.pdf
Regards,
Richard Watson.