Thou shall not speak bad about me nor put me in doubt

IMF boss calls for global currency

Dominique Strauss-Kahn, head of the International Monetary Fund, thinks a new world currency would calm economic instability and curb the dollar's power

     guardian.co.uk, Thursday 10 February 2011 15.22 GMT

Dominique Strauss-Kahn, managing director of the International Monetary Fund, has called for a new world currency that would challenge the dominance of the dollar and help curb future financial instability.
In a speech in Washington, Strauss-Kahn argued that the reserves that member countries held with the fund could be used, instead of the dollar, to price international trade. These so-called special drawing rights (SDRs) could also act as an alternative to the dollar in central banks' foreign currency reserves.
"Using the SDR to price global trade and denominate financial assets would provide a buffer from exchange rate volatility," he said, while "issuing SDR-denominated bonds could create a potentially new class of reserve assets".
The IMF published a policy paper backing Strauss-Kahn's views as it gathered top-level economists for discussions on the future of the international monetary system.

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Comment: I guess what he said back in February was enough to make him a candidate to be put in jail by the powers that be. In his talk, DSK did not only challenge the dominance of the US dollar, he challenged the US empire. He may call himself lucky that he did not (yet) endure the fate of OBL. It seems that the secret powers of the Empire are still intact and good at work. Their latest feat was a great job. Not just no bloodshed. Instead a great spectacle. A story so absurd that it will believed.