How can you say that the guarantee of the FDIC (the US Federal Government) is worthless while at the same time saying that the guarantee of US Treasury Bills (the US Federal Government) is not worthless? Pretty illogical IMO.
I'm not trying to be defensive, but I never said anything regarding the worth or worthlessness of US Treasury Bills. I only stated the fact that a T-bill is a "promise to pay". And, as I said in the other post you reference, they (the US Federal Government) can promise all they want.
Next time, I'll be sure my sarcasm towards the US Federal Government's current insolvency is more apparent in each of my posts
Oh....but I forgot we can print our own currency....hmmm....moral hazard?