Bubble-Critic Raghuram Rajan to run Indian central bank

``Mr Rajan is best known for his theory about the structure of globalisation over the past 20 years. He even argued that US officials stoked a credit boom to disguise the erosion of living standards, pushing poor people into excess debt and sub-prime mortgages. Most economists say this goes too far.'' -- We like this guy already. Now, will he be intelligent enough to channel the Indian appetite for gold into something productive (perhaps by re-monetizing it into the rupee?)