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Sure, but you wind up with the monetary policy that the president wants, not the monetary policy that you would get by democratic vote. (Though perhaps the anal
by sethjohn 19y ago
Sure, but you wind up with the monetary policy that the president wants, not the monetary policy that you would get by democratic vote. (Though perhaps the analogy with the Fed is a little akward because monetary policy is something most policy makers agree on, not a matter of contested opinion.)
With weighted voting, the stories that wind up on YC news will closely reflect the desires of the editors. That's fine, but it's not a democracy. It's more like a benevolent dictatorship! (very benevolent ;)