“Former IMF chief was undesirable in US” - economist



Dominique Strauss-Kahn's politics within the IMF aimed at weakening the US dollar as the dominant global currency

The former IMF Managing Director Dominique Strauss-Kahn was considered undesirable by America’s powers that be, believes Adrian Salbuchi, who is an author on economics and geopolitics in Buenos Aires.

­“Having left the International Monetary Fund in such a dramatic way shows that the powers that be were not very happy with him,” Salbuchi told RT.

“The fact that he is gone has much to do with the fact that the US dollar must continue being the dominant global currency. That is being challenged very much so. And perhaps Mr. Dominique Strauss-Kahn’s socialist leanings in a way took him to give more pre-eminence to Special Drawing Rights, the SDR, which is incorrectly called the IMF money. And strengthening that mechanism relatively weakens the US dollar,” the expert explained.  

The IMF chief resigned on Thursday in New York while in custody facing sexual assault accusations – which he strongly denies.

 

Read more here:  http://rt.com/news/imf-undesirable-strauss-kahn-us/

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