Resplendent quetzal Resplendent quetzal The resplendent quetzal () ("Pharomachrus mocinno") is a bird in the trogon family. It is found from Chiapas, Mexico to western Panama (unlike the other quetzals of the genus "Pharomachrus", which are found in South America and eastern Panama). It is well known for its colorful plumage. There are two subspecies, "P. m. mocinno" and "P. m. costaricensis". The resplendent quetzal plays an important role in various types of Mesoamerican mythology. It is the national bird of Guatemala, and its image is found on the country's flag and coat of arms. It also lends its name to the
A Monetary History of the United States hands were tied. According to Eichengreen, in order to maintain the credibility of the gold standard, the Federal Reserve could not undertake actions (such as drastically increasing the money supply) in the manner advocated by Friedman and Schwartz. James Tobin, while appreciating the rigor with which Friedman and Schwartz demonstrated the importance of the monetary supply, questions their measures of the velocity of money and how informative this measure of the frequency of monetary transactions really is to understanding the macroeconomic fluctuations of the early-to-mid 20th century. A Monetary History of the United States A Monetary History of the United