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In a recent meeting of the Business Roundtable, President Biden mentioned a "new world order" that the U.S. must lead, emphasizing the need to unite the free world. He noted that contemporary institutions were established following the two world wars. For this initiative to succeed, Biden must address a critical area where the U.S. has been lacking: international monetary policy. He should examine a significant arrangement that emerged from World War II to develop new and effective policies. Additionally, the prolonged impact of the Great Depression in the 1930s should be considered to inform future strategies.