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president biden talks of a new world order if hes serious he will need a strong dollar [Music] hello im steve forbes and this is whats ahead where you get the insights you need to better navigate these turbulent times and off the cuff remarks at a meeting of the business roundtable this week president biden said quote theres going to be new world order out there weve got to lead it weve got to unite the rest of the free world and doing it end quote he said that the institutions that predominate today grew out of the two world wars of the last century if the president is serious here about the u.s leading positively for a better world there is one crucial area where the u.s has been negligent international monetary policy the president and others should start by taking a hard look at one very crucial arrangement that rose from the second world war and the reasons for it only then can new and productive policies and approaches emerge the great depression of the 1930s was prolonged
