The Federal Reserve Monster is a provocative and critical examination of the United States Federal Reserve System, written by Alfred Owen Crozier and first published in 1912. The book delves into the origins, structure, and potential dangers of the central banking system proposed in the early 20th century, just before the Federal Reserve Act was passed. Crozier, a lawyer and financial reform advocate, presents a detailed and impassioned argument against the concentration of monetary power in the hands of a few private bankers, warning that such a system could undermine democracy, threaten economic stability, and place the nation’s financial future at risk. Through a combination of historical analysis, economic theory, and political commentary, Crozier traces the evolution of banking in America, highlighting the influence of powerful banking interests and their role in shaping monetary policy. He scrutinizes the proposed Federal Reserve legislation, exposing what he perceives as its flaws and the dangers of unchecked centralization. The book is filled with vivid metaphors and persuasive rhetoric, likening the Federal Reserve to a monster that could devour the liberties and prosperity of the American people. Crozier’s work is not just a critique but also a call to action, urging citizens and lawmakers to resist the encroachment of private financial interests on public policy. He advocates for greater transparency, accountability, and public control over the nation’s money supply. The Federal Reserve Monster stands as a significant historical document, reflecting the intense debates and anxieties of its time, and remains relevant for readers interested in the history of American banking, monetary policy, and the ongoing discussion about the role of central banks in society.