Valladolid, Lempira 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 via Santa Rosa de Copán–San Marcos de Ocotepeque–Cololaca–Tambla–Valladolid. It was founded in the "Los Patios" village, with the former name of "Colopel", it was later relocated to "Los Naranjos" villages, where it is nowadays; and the name was changed to Valladolid. In the census of 1887 it was registered as a municipality of Guarita district. The origin of the rocks and soils in its mountains is totally volcanic. This is clearly seen on the
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.