Lempira (Lenca ruler) in 1537. Historical accounts of Lempira differ. Antonio de Herrera y Tordesillas, whose account was published in "Historia general de los hechos de los castellanos ..." (1626), in Seville, Spain, identifies Lempira as a war captain appointed by Entipica, leader of the Cares, a named subgroup of the Lenca. Herrera reports that Lempira, whose name means something like "Lord of the Mountains" in Lenca, commanded over 30,000 soldiers from over 200 different Lenca towns. In 1537, there were widespread indigenous uprisings in Honduras, and the Cares were one group that revolted against Spanish rule. The Spaniards, on instruction from their
Monetary policy of the Philippines including interest bearing notes and future fiscal surpluses that matter for price-level determination. In the absence of fiscal discipline, an independent central bank such as the BSP cannot guarantee a stable nominal anchor. In other words, for the BSP to successfully focus on price stability, there must be a credible commitment on the part of the National Government to reduce total fiscal deficits by a meaningful amount. Monetary policy of the Philippines Monetary policy is the monitoring and control of money supply by a central bank, such as the Federal Reserve Board in the United States of America, and the