Congress used four main methods to cover the cost of the war, which cost about 66 million dollars in specie (gold and silver). Congress made issues of paper money in 1775–1780 and in 1780–1781. The first issue amounted to 242 million dollars. This paper money would supposedly be redeemed for state taxes, but the holders were eventually paid off in 1791 at the rate of one cent on the dollar. By 1780, the paper money was "not worth a Continental", as people said. The skyrocketing inflation was a hardship on the few people who had fixed incomes, but 90 percent of the people were farmers and were not directly affected by it. Debtors benefited by paying off their debts with depreciated paper. The greatest burden was borne by the soldiers of the Continental Army whose wages were usually paid late and declined in value every month, weakening their morale and adding to the hardships of their families.