Is Monarchy Superior to Democracy?

I think there's a lot of aspects of finance that have been corrupted by the fact we are using fiat currency instead. I'm about to read hans heman's hoppers democracy, the god that failed. He makes a companyon case for re managing the states r oll in future. And i really look forward to reading these two books. But this is what i've been told when i've been discussing it with bitsty and some other people, that not that democracy is completely broken, but itdefini is deffily not doing many favors to parts of the world.