I was talking to a friend online, who made the typo of "democrasy" instead of "democracy." I forget how we came about it, but I mentioned that democrasy would pronounced like demo-craysy -- with a hard A -- and he disgreed and said it would be pronounced the same as democracy. And we've currently come to an impasse about the "correct" pronounciation.

So, I come to you guys: how would democrasy be pronounced, assuming it's an actual (English) word?