The money printing doesn't matter. It's the confidence in the currency and the country that backs it that matters.
Yep, exactly.
Also, lack of confidence in the alternatives.
That may be true in the short term during a market rout. But not in the long term...2+ years from now you will see stocks, PMs, Bitcoin, real estate, cars, oil, (everything other than food prices) soar again to nosebleed levels, while Mainstreet struggles with employment and benefits, overload of debt, salaries stagnate, and the economy continues to go nowhere. Because all the free fiat money is truly worthless, no one wants to hold it. It is simply a means to an end for them.