Question

Why could the continental congress not pay its depts

Answer 1

Because it did not possess the power to tax the colonists

Answer 2

Answer: the Continetal Congress couldent pay its debits, because in order to pay for its significant expenditures during the Revolution, Congress had two options: print more money or obtain loans to meet the budget deficit. In practice it did both, but relied more on the printing of money, which led to hyperinflation. At that time, Congress lacked the authority to levy taxes, and to do so would have risked alienating an American public that had gone to war with the British over the issue

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