The Confederation Congress struggled to control inflation primarily due to its lack of taxing power and reliance on state contributions for funding, which were often insufficient. Additionally, the issuance of paper currency without backing by gold or silver led to a devaluation of money, exacerbating inflation. The absence of a strong central authority to regulate commerce and the economy further hindered effective monetary policy. As a result, the Confederation Congress faced significant challenges in stabilizing the economy during and after the Revolutionary War.
The congress of the confederation could not tax. The could request tax, but they had no authority. The government went into debt.
Congress was it.
they wanted to leave
Shay's rebellion showed how Congress was unable to organize a military.
Shay's rebellion showed how Congress was unable to organize a military.
that one thing
to fight the revolutionary war, congress had borrowed large sums of money. with the war over, it was now time to pay back the loans. yet the confederation congress did not have the money to do so. congress also found that it did not have the power to deal on an equal basis with other nations.Lol
One key limitation that hindered Congress's ability to combat inflation effectively is the lack of unified economic policy and coordination among lawmakers. Disagreements over fiscal measures, such as government spending and tax policies, often stymied timely action. Additionally, external factors like global supply chain disruptions and rising energy costs complicated domestic policy responses, making it challenging for Congress to implement effective inflation control measures.
congress didn't have the power to tax directly, regulate interstate trade, tax, form military, and finally they couldn't be changed easily.
to fight the revolutionary war, congress had borrowed large sums of money. with the war over, it was now time to pay back the loans. yet the confederation congress did not have the money to do so. congress also found that it did not have the power to deal on an equal basis with other nations.Lol
Shay's rebellion showed how Congress was unable to organize a military.
George Washington thought that the Articles of Confederation had weakened Congress, leaving it unable to keep order, raise money through taxes, or deal effectively with European nations. He wrote, "The Confederation appears to me to be little more than a shadow without substance."