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Jefferson F. Davis was an American soldier and statesman, and was the President of the Confederate States of America during the entire Civil War, 1861 to 1865. He took personal charge of the Confederate war plans but was unable to find a strategy to defeat the larger, more powerful and better organized Union. His diplomatic efforts failed to gain recognition from any foreign country. At home he paid little attention to the collapsing Confederate economy; the government printed more and more paper money to cover the war's expenses, leading to runaway inflation.