Future Of Money Chennai based astrologer K.B.Gopalakrishnan 26th june 2015, 10:00 am
Many people ask me what is my future. Let me twist and ask what is the future of money. The discovery of gold trading lead to major changes in the business transaction of life. The credit and e-payment is going to change forever the way we use our money following are the predictions.
International Banking System
The world will breathe as one economy. It will be like playing symphony or orchestra. As such this will lead to centralized banking for world from Europe, America, Africa or Asia.
The world will begin to open for global currency than the dollars. Slowly they will bring in one Asian currency, one European currency which will eventually lead to one currency.
Global stock and commodity exchange will be there. Gold, silver and metals will react globally than the local one. Movement of money will be very fast that governments in the world will find it difficult to track.
Money is moving from one country to another in terms of years.Slowly it move from months, weeks, days and even to extent of seconds Huge money movement will be very easy.
Taxes for e-purchases will be common. Brick and mortar shops will disappear slowly as more innovative ways of purchase will appear in e-markets. Physical money will die slowly.
Rules of e money will be different from that of physical money. The government has to formulate new rules to regulate e-money. We still follow old systems rules whereas the flow of money has changed.Tax audit for e-money will be different. Higher markets will influence lower market