I was just reading this long paper (linked at page) by the folks at PIMCO advocating ZIRP (Zero Interest Rate policy) in the US.. The idea is that Zero interest rates coupled with higher taxes and reduced government spending would somehow dissuade competing mercantilistic reserve banks/nations from subsidizing the US consumer and gaming their own currencies.. This would help to strengthen the long term US manufacturing base and real economy.. my favorite quote (and I've heard it before in Bill Gross' "Outlooks") was that "America needs more engineers and less Realtors"
If this comes to pass it will significantly devalue the US Dollar. That will drive all things valued in dollars higher. Everyone will be a millionaire.. there will be wayyyy more billionaires, a few Trillionaires and it will take 20 bucks to buy a big mac. Taxes will be much higher to discourage asset re-inflation (bubbles) and speculation to new unheard of levels.
On the flip side of that you have a world economy becoming more information driven.. This story spotted by Josh in Ron Jackson's "Lowdown" today features a quote by Laura Desmond of Starcom/Mediavest which suggests that: "a day could come when up to 60% of clients' budgets are apportioned for what's now still known as new media" (The Internet)
I agree with both underlying premises (weaker dollar/stronger internet) so you'll see why I believe that domain names are going to be worth much much more in 10 years time.