Lempira (Lenca ruler) Honduran historian Mario Felipe Martínez Castillo discovered a very different account of Lempira in a document entitled "Méritos y Servicios: Rodrigo Ruiz, Nueva España", written in 1558 in Mexico City. The manuscript is located in the Archivo General de Indias in Seville, Spain. That document, Patronato 69 R.5, tells the story of Rodrigo Ruiz and his service in the conquest of Honduras under Francisco Montejo. It includes his account of killing Lempira. The document is in the form of a series of questions, answered by witnesses to the services which Rodrigo Ruiz gave to the Spanish King. It is his
History of monetary policy in the United States the outcomes, if not the process, of monetary policy more transparent. In other words, a central bank may have an inflation target of 2% for a given year, and if inflation turns out to be 5%, then the central bank will typically have to submit an explanation. The Bank of England exemplifies both these trends. It became independent of government through the Bank of England Act 1998 and adopted an inflation target of 2.5% RPI (now 2% of CPI). The debate rages on about whether monetary policy can smooth business cycles or not. A central conjecture of Keynesian economics is