Valladolid, Lempira As the traveler approaches the municipality capital they go up a long section, this particular section is very dangerous because there are very deep cliffs. Some curves also need attention. One of the features of this municipality capital is the streets paved with rocks, since they did a very good job. The Pine forests all around give a special touch to the landscapes of the surrounding mountains. The people are very nice and welcoming. Valladolid, Lempira Valladolid is one of the municipalities of the Lempira department of Honduras. It takes about 2.5 hours to travel there and it must be
Monetary hegemony Monetary hegemony Monetary hegemony is an economic and political concept in which a single state has decisive influence over the functions of the international monetary system. A monetary hegemon would need: The term monetary hegemony appeared in Michael Hudson's "Super Imperialism", describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank. The US dollar continues to underpin the world economy and is the key currency for medium of international exchange, unit of account (e.g.