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Banks Need to Start Lending

Tuesday, 2 Nov 2010 | 3:00 AM ET

Printing money is "like a beautiful game of circular cash flows," Satyajit Das, author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives told CNBC. Banks need to lend rather than buy Treasurys with the extra money, Das added.