How long does it take for someone to be competent to vote on monetary policy?
It's ridiculous to expect a voter to spend that amount of time on every issue.
How long does it take for someone to be competent to vote on monetary policy?
It's ridiculous to expect a voter to spend that amount of time on every issue.
It's ridiculous to believe that citizens have no business in important matters. If you're not deciding, you're not acting, and your voice doesn't matter at all.
For a interesting thought, what about matters of brain development and ability to reason? Why should voters get to decide on matters such as when we are considered adults or when consenting to contracts or sex is possible. For nuclear or medical expertise, there is at least expertise. For matters of brain development, the science is still very young and limited. Or even on a greater extent, why should a voter be given power in matters that require ethical expertise? Matters that require legal expertise?
I do not feel competent to take part in a decision about the reserve requirement.
I guess you could set up a system where you delegate your vote to a third party on an issue-by-issue basis. An interesting thought experiment, but quite a few things to work out. My guess is, at the end, it would be similar to the system we have.