I did not know how the FDIC was backed, thank you. However, yes the treasury is an actual printing press, but the money supply is controlled by The Fed. They t

I did not know how the FDIC was backed, thank you. However, yes the treasury is an actual printing press, but the money supply is controlled by The Fed. They tell the treasury how much to print, they can provide unlimited liquidity to banks, and they are the largest backer of govt debt.