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The Continental Congress raise money to go to war with Britain by printing less currency and selling war bonds.
How did Congress increase money to pay for the struggle?
The cash became used to pay infantrymen and authorities officials and to shop for materials. Congress also borrowed money by way of promoting bonds. Bonds were generally offered for about seventy-five; with hobby bills, the government was obligated to pay lower back hundred.
How did the Continental Congress raise money to visit the struggle with Britain?
So one can pay for its considerable costs for the duration of the Revolution, Congress had alternatives: print more money or achieve loans to satisfy the financial deficit. In exercise, it did each but relied greater on the printing of money, which brought about hyperinflation.
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