today's overseerer

I'd call this an overseerer - like the War Department had used on early tribes; you'd ask permission for fabric and medicine... or a plantation owner's manager and the slave had to ask for anything needed

ANALOGY

Imagine a household where the family does not control its own checkbook. Instead, a private financial manager holds the checkbook and decides how much money the family can access each month. Every time the family needs funds—for groceries, for home repairs, for the children’s education—they must borrow from this manager, who charges interest on every loan. The family works hard, earns income, but that income flows first to the manager, who takes his cut before allowing the family their share. Over generations, the family sinks deeper into debt to the manager, even as they produce more and work longer hours. The manager, meanwhile, grows wealthy from the interest payments. He uses that wealth to influence the family’s decisions: which jobs they take, which purchases they make, which neighbors they befriend or shun. The family believes they are making free choices, but the manager’s control over their finances shapes every option available to them. This is the American monetary system. The Federal Reserve is the manager; the American people are the family; and the debt that compounds year after year is the chain that binds productive labor to financial extraction.