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.
Aristocracy: A form of government in which the supreme power is vested in the principal persons of a state, or in a privileged order; an oligarchy. Autocracy: Government by a single person having unlimited power; despotism (domination through threat of punishment and violence).eritocracy: A group of leaders or officeholders selected on the basis of individual ability or achievement. Monarchy: a government in which power is vested in a king, queen, emperor or empress who can pass power on to his heirs.