Printing money was one way the Continental Congress raised money. Promote war bonds. Try to borrow money from foreign governments in order to get assistance.
The Continental Congress served as the country's first national government. In eighteenth-century British America, it was made up of two succeeding bodies of members from the provinces of the Thirteen Colonies.
Congress had two choices in order to cover its huge Revolutionary War expenses: print additional money or take out loans to cover the budget shortfall. In reality, it accomplished both; nevertheless, it relied more on money printing, which triggered hyperinflation. The Continental Congress had trouble generating money because it lacked the power to compel the states to pay taxes and the revolutionary United States had no standing on the international stage, which made it less likely that a foreign power would lend the congress money.
They had the authority to make money, lend it out, borrow it, and even start wars, but they were not allowed to levy taxes.
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