John P. Calamos, Sr. shows how the velocity of money can increase quickly, leading to inflation.
The intent of the Milken Institute London Summit is to gather a global group of business executives, politicians and policy makers as well as thought leaders, to examine and discuss contemporary economic, educational and social issues. Calamos was a sponsor of the event which was held October 9-10 at the Heron Tower in London. At the Summit, John P. Calamos, Sr. participated in the panel discussion, titled "Where Will Economic Growth Come From?," from which this clip is taken. This panel examined economic forces and regions that will shape and challenge growth around the world. Also sitting on the panel were Sanjay Patel, Managing Partner and Head of International Private Equity at Apollo Management International; Seth Merrin, CEO of Liquidnet; and international businessman Beny Steinmetz. Joel Kurtzman of the Milken Institute served as Moderator.