> my government believes the US dollar has value too, and it's willing to insure my bank accounts as a result. That's a hell of a vote of confidence. Really? W

> my government believes the US dollar has value too, and it's willing to insure my bank accounts as a result. That's a hell of a vote of confidence. Really? When dollars were "silver certificates" the bank's willingness to let you come collect your silver was a real vote of confidence in the currency. But nowadays if they "insure your bank account" they only pay you back in dollars. They're insuring that its value doesn't drop in dollars. How does that constitute a vote of confidence in the currency itself? I'd say it's only a vote of confidence in (a) the bank, (b) the government's ability to print more money, (c) the government's ability to tax.