El Quetzal El Quetzal El Quetzal () is a municipality in the San Marcos department of Guatemala. It was recognised as municipality on 19th of June 1900. The major source of income is the agriculture. "La Inmaculada Concepción" (English:The Immaculate Conception") parish in La Reforma municipality was founded on 1 January 1956 and originally served both La Reforma and El Quetzal municipalities. Its first priest was father Jaime López, a Franciscan, who led the parish until 5 March 1958. His successor was father Juan Bartolomé Bueno, who was in charge until 31 July 1960, when father Pedro López Nadal, from Spain, took
Monetary hegemony Monetary hegemony Monetary hegemony is an economic and political concept in which a single state has decisive influence over the functions of the international monetary system. A monetary hegemon would need: The term monetary hegemony appeared in Michael Hudson's "Super Imperialism", describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank. The US dollar continues to underpin the world economy and is the key currency for medium of international exchange, unit of account (e.g.