Explain banks of world seemed to unite on cue to lower rates


Explain why these three men (the 3 bankers who are listed as the 4th, 5th, and 6th most powerful people in the world) might be considered more powerful than most countries' leaders. Explain how or why, during the recession of 2008-09, banks of the world seemed to unite on cue to lower interest rates worldwide.

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Microeconomics: Explain banks of world seemed to unite on cue to lower rates
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