Lempira (Lenca ruler) 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 the people as a warrior hero. Jorge Lardé y Larín argues that the name "Lempira" comes from the word "lempira," derived from words of the Lenca language: "lempa", meaning "lord" as a title of hierarchy, "i" meaning "of", and "era", meaning "hill or mountain". Thus, Lempira,
History of monetary policy in the United States that the central bank can stimulate aggregate demand in the short run, because a significant number of prices in the economy are fixed in the short run and firms will produce as many goods and services as are demanded (in the long run, however, money is neutral, as in the neoclassical model). There is also the Austrian School of economics, which includes Friedrich von Hayek and Ludwig von Mises's arguments, but most economists fall into either the Keynesian or neoclassical camps on this issue. History of monetary policy in the United States This article is about the history of monetary