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 system banks print all the money, this is not reflective of what actually happens. Today's global monetary system is essentially a fiat system because people can use paper bills or bank balances to buy goods. Money Monetary system A monetary system is the set of institutions by which a government provides money in a country's economy. Modern monetary systems usually consist of the national treasury, the mint, the central banks and commercial banks. A commodity money system is a monetary system in which a commodity such as gold or silver is made the unit of value and physically used as money.