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. noun arÂ·isÂ·tocÂ·raÂ·cy \Ëa-rÉ-Ëstae-ËstÃ¤-krÉ, sÄ-Ëer-\. É. : tweet the highest social class in some: countries the people who have special (titles such as duke and), duchess who typically own, land and who traditionally have more money and power than the other people in a. societypluralÂ·arÂ·isÂ·tocÂ·ra. ciesull Definition of ARISTOCRACY. 1. : government by the best individuals or by a small privileged class. 2. a: a government in which power is vested in a minority consisting of those believed to be best qualified b: a state with such a government.