Lempira (Lenca ruler) ambush. In 1931, Honduras renamed its currency in honor of Lempira. In 1943, Honduras renamed the Gracias Department as the Lempira Department. In 1957 the Honduran writer Ramón Amaya Amador wrote a novel featuring Lempira, entitled "El señor de la sierra" (The Lord of the Mountain). 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
Monetary base typically result in a much larger increase in the supply of demand deposits through banks' loan-making; a ratio called the money multiplier. However, for those that do not agree with the theory of the money multiplier, the monetary base can be thought of as high-powered because of the fiscal multiplier instead. As of August 2018, the monetary base in the United States was USD $3,584,502,000,000 Monetary base In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is defined as the portion