The nosedive of the economy also had to do with the fact that the Articles of confederation didn't allow the federal government to tax, so the printed money meant nothing at all. John Jay writes "What I most fear is, that the better kind of people, by which I mean the people who are orderly and industrious, who are content with their situations and not uneasy in their circumstances, will be led by the insecurity of property, the loss of confidence in their rulers, and the want of public faith and rectitude, to consider these charms of liberty as imaginary and delusive...
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By having the great politicians scared, one can assume that the people are even more scared. Illustrated by document G, people didn't want their central government to have too much power, so they wrote the articles in such a fashion that everything was brought down to the state level, and 13 representatives would meet with one another; each state got one vote...
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Articles of Confederation This document got rid of many of the problems of the Articles. The central government was much stronger. It had the power to enforce laws and levy taxes...	2 / 403
From 1781 to 1789 the Articles of Confederation provided the United States with an effective government. After the Articles of Confederation while the population still increased the revenue became relatively stable. In time the limited income under the Articles of Confederation would not be able to suite the growing population...	2 / 491
Articles Of Confederation DBQ The "Report of Rawlin Lowndes' speech to the South Carolina House of Representatives..." included Mr. Lowndes' "glowing eulogy on the old Confederation suggesting the creation of it's new Constitution...	2 / 374
Articles Of Confederation Congress had no way to collect taxes to pay off pre-war debts. This led to chaos and anarchy when soldiers that hadn't been paid marched on Philadelphia, and Congress had to flee to Princeton New Jersey (Document C)...	3 / 727