Quetzal ("Merriam-Webster's Collegiate Dictionary"), from the Nahuatl root = "stand up" used to refer to an upstanding plume of feathers. The word entered English through Spanish. The word "quetzal" was originally used for just the resplendent quetzal, the long-tailed quetzal of Guatemala, (more specifically a town called Petén) which is the national bird and the name of the currency of Guatemala. It still often refers to that bird specifically but now also names all the species of the genera "Pharomachrus" and "Euptilotis". "Pharomachrus" is from Ancient Greek , "mantle", and , "long", referring to the wing and tail coverts of the
History of monetary policy in the United States planners at Bretton Woods established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate by tying its currency to the U.S. dollar and the ability of the IMF to bridge temporary imbalances of payments. In 1971, President Richard Nixon took a series of economic measures that collectively are known as the Nixon Shock. These measures included unilaterally cancelling the direct convertibility of