Selfsimilar space-time fractal fluctuations are generic to dynamical systems in nature such as atmospheric flows, heartbeat patterns, population dynamics, etc. The physics of the long-range correlations intrinsic to fractal fluctuations is not completely understood. It is important to quantify the physics underlying the irregular fractal fluctuations for prediction of space-time evolution of dynamical systems. A general systems theory for fractals visualising the emergence of successively larger scale fluctuations resulting from the space-time integration of enclosed smaller scale fluctuations is proposed. The theoretical model predictions are: (i) The probability distribution and the power spectrum for fractal fluctuations is the same inverse power law function incorporating the golden mean. (ii) The predicted distribution is close to the Gaussian distribution for small-scale fluctuations but exhibits fat long tail for large-scale fluctuations with higher probability of occurrence than predicted by Gaussian distribution. (iii) Since the power spectrum (variance, i.e., square of eddy amplitude) also represents the probability densities as in the case of quantum systems such as the electron or photon, fractal fluctuations exhibit quantumlike chaos. (iv) The fine structure constant for spectrum of fractal fluctuations is a function of the golden mean and is analogous to atomic spectra equal to about 1/137. Global gridded time series data sets of monthly mean temperatures for the period 1880 -2007/2008 were analysed. The data sets and the corresponding power spectra exhibit distributions close to the model predicted inverse power law distribution. The model predicted and observed universal spectrum for interannual variability rules out linear secular trends in global monthly mean temperatures. Global warming results in intensification of fluctuations of all scales and manifested immediately in high frequency fluctuations.Key words Fractals and statistical normal distribution, power law distributions, longrange correlations and fat tail distributions, golden mean and fractal fluctuations followed by decrease on all scales (space-time), for example in atmospheric flows, cycles of increase and decrease in meteorological parameters such as wind, temperature, etc. occur from the turbulence scale of millimeters-seconds to climate scales of thousands of kilometers-years. The power spectra of fractal fluctuations exhibit inverse power law of the form f - where f is the frequency and is a constant. Inverse power law for power spectra indicate long-range space-time correlations or scale invariance for the scale range for which is a constant, i.e., the amplitudes of the eddy fluctuations in this scale range are a function of the scale factor alone. In general the value of is different for different scale ranges indicating multifractal structure for the fluctuations. The long-range space-time correlations exhibited by dynamical systems are identified as self-organized criticality [2][3] . The physics of selforganized ...