Foia

The movement claim that a FOIA request revealed Federal Reserve Notes are 'backed by' specific individuals or their fictitious 'strawman' legal entities is unsupported

Byron Beers's Treatise #1 includes a structural claim that specific Federal Reserve Notes are individually assigned to specific people — and that this assignment was revealed by an unspecified Freedom of Information Act request. The treatise's own extraction characterizes the claim as 'anonymous hearsay with no verifiable documentation.' Federal Reserve Notes are fungible bearer instruments; they are not individually assigned. The Federal Reserve does not maintain person-to-note mappings; the printing of FRNs is coordinated through the Bureau of Engraving and Printing and the twelve regional Federal Reserve Banks; circulation tracks the Banks rather than individual holders. The 'strawman' concept — that a fictitious legal entity exists bearing one's name in capital letters as the addressee of statutes — is a sovereign-citizen-movement construct with no doctrinal basis. The combined claim has no support and has been uniformly rejected when raised in litigation.