You said it
It’s become quite clear that we are not (thought Trump is trying hard) a republic any longer but an oligarchy.
8. The ways in which a great debt, so constituted and applied, will contribute to the ultimate end in view are both numerous and obvious. (1) The favorite few, thus possessed of it, whether within or without the government, will feel the staunchest fealty to it, and will go through thick and thin to support it in all its oppressions and usurpations. (2) Their money will give them consequence and influence, even among those who have been tricked out of it. (3) They will be the readiest materials that can be found for a hereditary aristocratic order, whenever matters are ripe for one.
Rules for changing a limited republican government into an unlimited hereditary one.
http://home.hiwaay.net/~becraft/FRENEAUbanking.html