This simple chart shows how the US Fed Quantitative Easing (QE) and Twist programmes of dollar creation are almost perfectly correlated to the US WTI crude oil benchmark price: itself linked to the Brent/BFOE benchmark oil price.
Aristocracy is a kind of government that puts power in the hands of a small, privileged ruling class. In Ancient Greek, the word aristocracy means the rule of the best, but it has come to be linked with rule by royal families. There are different kinds of aristocracy with different ways the government is set up. In history, most aristocracies are hereditary.
An example of an aristocracy is Britainâs Royal family.Another example of an aristocracy is the Kennedy family in the United States. The definition of aristocracy is a group of people who feel they are above others.An example of an aristocracy are some of the actors and actresses in Hollywood.Â·cies. 1  Historical government by the best citizens. 2  government by a privileged minority or upper class, usually of inherited wealth and social position. 3  a country with this form of government; oligarchy. 4  a privileged ruling class; nobility. 5  those considered the best in some way: an aristocracy of scientists.