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 (countable and uncountable, plural aristocracies) The nobility, or the hereditary ruling class Government by such a class, or a state with such a government A class of people considered (not normally universally) superior to others