San Francisco, Lempira San Francisco, Lempira San Francisco is a municipality in the Honduran department of Lempira. It is one of the furthest municipalities of the Lempira department in Honduras. The lands for this municipality were given away by the King of Spain, on 30 October 1692, composed of 2 titles, "Santa Maria Magdalena" and "San Lucas". In the census of 1791 it appears as part of "Curato de Cerquin". It was founded back in 1837 for the initiative of Captain Jeronimo Acosta. The church was built in 1856, a historical relic left by the Spanish colonist. But as it can be seen
History of monetary policy in the United States the United States dollar to gold. This essentially ended the existing Bretton Woods system of international financial exchange. The central bank influences interest rates by expanding or contracting the monetary base, which consists of currency in circulation and banks' reserves on deposit at the central bank. The primary way that the central bank can affect the monetary base is by open market operations or sales and purchases of second hand government debt, or by changing the reserve requirements. If the central bank wishes to lower interest rates, it purchases government debt, thereby increasing the amount of cash in circulation or