Bit by bit, reserve funds will be in euros as well as in dollars. One of the wonders of the capitalist world economy is the expansion of technology. There is no question that in the last 500 years we have seen technology of a kind we have never seen before, and that is a great achievement. To have the accumulation, we had to have the technology. We've seen information technology of various kinds springing up, producing wonderful things in the last 10 to 15 years, but it doesn't compare to what we are going to see in the next 30.
Biotechnology is an absolutely major sphere.
New sources of energy are an absolutely major sphere. We are going to see lots of things put into practice in the next 20 to 30 years. We are going to have all that technology, but I am more doubtful about some others. What we see in the 20th century is an accumulative buildup of basic destruction by economic producers who weren't paying their bills. The bill is enormous.