When umpires turn players

“Reserve Bank of India has started buying and selling stocks of listed private corporates in Dalal Street for profit”. Can one imagine Business Line carrying a news headline like this? Obviously not. But this unimaginable news of today may soon become a reality tomorrow. Well, if not in the case of the RBI, at least of a few other central banks. Indeed, it is already a reality in the advanced world of finance that has set the model for the rest in the last two decades. Shocked? Read on.

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