You are simply and flatly factually wrong about this, sorry. I encourage you to check out the textbook definition of the Fed as well as technocracy. You can also Google 'differences b/w a technocracy and democracy.' The Fed is widely accepted by every piece of academic literature Ive ever come across to be a technocracy, and that is the word we use to describe it. Also, the EU can and should be thought of at least being largely technocratic as well.
When you were arguing about how the EU and Fed are,
in your opinion, elected, I thought you would be able to make the connection. They aren't considered elected officials in the standard sense we think about it--in a democratic sense--and no one thinks that. They are unelected by any plain interpretation of democracy. That's the reason the word technocracy is used to describe them.
