Financing the Revolution was difficult for the American side because

Question

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Hard currency was scarce for the American side because they did not have a well-established system of paper money or banks. The Continental Congress tried to finance the war by printing paper money, but it quickly led to inflation and depreciation of the currency. As a result, hard currency (such as gold and silver) became increasingly scarce, making it difficult for the Americans to finance the war effort.

Financing the Revolution Was Difficult for the American Side Because