Puerto Lempira Puerto Lempira Puerto Lempira is the capital of the Gracias a Dios department in northeastern Honduras, located on the shores of the Caratasca Lagoon. Though it does not have paved roads, it is the largest town in the La Mosquitia region. The town is named for the 16th century leader of the indigenous Lenca peoples, Lempira, who directed an ultimately unsuccessful resistance against the Spanish "conquistador" forces in the 1530s. Puerto Lempira became the departmental capital in 1975, prior to which it was Brus Laguna. In the 1980s, the town became a centre for CIA operations against the Sandinistas. Its
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