The April Budget Statement Monthly report (the month in which Americans submit their tax returns) is even more important than those released in other months.

Former Malaysian Prime Minister Mahathir Mohamad blamed the devaluation of the Malaysian ringgit in 1997 on George Soros and other speculators.

It is important to note that a monetary authority is created and supported by its sponsoring government, so independence can be reduced or revoked by the legislative or executive authority that creates it. However, in practical terms, the revocation of authority is not likely. In almost all Western countries, the monetary authority is largely independent from the government.