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
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