Debt, Inflation and Central Bank Independence.

A sample of news articles that illustrate how the Federal Reserve was subjected to strong and effective political pressure during the 1970s.

Time Magazine (1971), "The Fun Fed".
Time Magazine (1975), "The Federal Reserve under Fire".
Time Magazine (1976), "Price and Pride in D.C.?".
Time Magazine (1978), "Burns: A Tough Act to Follow".
Time Magazine (1978), "Adroit Switch at Money Central".
Time Magazine (1979), "Defender of the Dollar".