Lempira (Lenca ruler) ambush. In 1931, Honduras renamed its currency in honor of Lempira. In 1943, Honduras renamed the Gracias Department as the Lempira Department. In 1957 the Honduran writer Ramón Amaya Amador wrote a novel featuring Lempira, entitled "El señor de la sierra" (The Lord of the Mountain). Lempira (Lenca ruler) Lempira was a war chieftain of the Lencas of western Honduras in Central America during the 1530s, when he led resistance to Francisco de Montejo's attempts to conquer and incorporate the region into the province of Honduras. Mentioned as "Lempira" in documents written during the Spanish conquest, he is regarded by
Monetary policy of the United States other types of money. Broad money includes money held in deposit balances in banks and other forms created in the financial system. Basic economics also teaches that the money supply shrinks when loans are repaid; however, the money supply will not necessarily decrease depending on the creation of new loans and other effects. Other than loans, investment activities of commercial banks and the Federal Reserve also increase and decrease the money supply. Discussion of "money" often confuses the different measures and may lead to misguided commentary on monetary policy and misunderstandings of policy discussions. Monetary policy in the US is