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.
1. a class of persons holding exceptional rank and privileges, esp. the hereditary nobility. 2. a government or state ruled by an aristocracy, elite, or privileged upper class. 3. government by the best or most able people in the state. 4. a governing body composed of the best or most able people.5. any class or group regarded as superior because of education, ability, or wealth.oun. 1. aristocracy-a privileged class holding hereditary titles. nobility. elite, elite group-a group or class of persons enjoying superior intellectual or social or economic status. noblesse-members of the nobility (especially of the French nobility).