Why was Stauss-Kahn in New York ? He went there instead of flying direct from Washington to Berlin, first stop on a European tour and first meeting set with chancellor Merkel of Germany. To reassure Merkel that the next bailout of Greece would cost little to German finances, that the euro would stay strong and credible because the US dollar was now close to terminal meltdown - and was receiving special treatment from the IMF.
THE STRAUSS-KAHN PLAN
The selective demonetization of the US dollar, the world's prime reserve currency. The basic plan is simple: cancel and dishonor debts in US dollars through reducing or completely stopping dollar convertibility, for example by limiting the use and the holding of the US dollar to US citizens, only. To create and launch a new reserve currency, linked with the dollar, at a very favorable double conversion rate for the dollar: debts in dollars will be depreciated; holdings in dollars by US citizens and US-favoured corporations will be appreciated, when the new money is introduced. The inflation which comes with this will help mask the depreciation of debt and appreciation of holdings.
Federal officials invited Strauss-Kahn to New York, arranged the hotel and travel, and set the agenda for a final review before going public on Strauss-Kahn's plan to roll US debt into European debt, in which the Federal Reserve, and all its State banks, as well as European central banks would disappear. We know what happened next...