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 is a form of government that places power in the hands of a small, privileged ruling class. The term derives from the Greek aristokratia, meaning rule of the best. At the time of the word's origins in ancient Greece, the Greeks conceived it as rule by the best qualified citizensâand often contrasted it favourably with monarchy, rule by an individual. In later times, aristocracy was usually seen as rule by a privileged group, the aristocratic class, and was contrasted with ...