Independent Analyst

Atle Willems, author of "Money Cycles - The Curse of an Elastic Money Supply", is an independent analyst and a former company executive and CFO.

Atle holds a master degree in finance from Nottingham University Business School, a bachelor degree in business administration from ... more

ALL CONTRIBUTIONS

E Why Does The Stock Market Peak Prior To A Recession?
The stock market is a leading recession indicator. Here's why.
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U.S. Stocks To Bank Equity Ratio - Now In The 95th Percentile
The current elevated ratio of stock market prices to bank equity indicates further upside potential is limited while downside risk is substantial.
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U.S. Weekly Stock Market Valuation Indicator - Back In 99th Percentile
This stock market indicator suggests valuations are back in the 99th percentile. Last time this occurred was in March 2000.
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E U.S. Weekly Stock Market Valuation Indicator: Near Record Highs
The weekly stock market valuation indicator, comparing a broad U.S. stock market index with the money supply a leading economic indicator, increased slightly compared to last week.
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E U.S. Weekly Stock Market Valuation Indicator: Near All-Time Highs, But Declining Credit Growth Could End The Party
This simple stock market valuation indicator comparing a broad U.S. stock market index with a leading economic indicator and the money supply is still hovering near all-time highs.
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Fractional Reserve Bubble Trouble!
Stock market prices relative to bank balance sheets are once again elevated.
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Comments

Latest Comments
Economic Stimulus Does Not Stimulate Economic Growth
1 month ago

See your point, but not sure how that could be done fairly. Many things have gone wrong, not just on the money side. One thing is for sure though: people want and need more purchasing power. That can only be achieved with more production as HM would only bring forth additional price inflation.

Economic Stimulus Does Not Stimulate Economic Growth
1 month ago

Yes, they were all bailed out at the expense of others, totally agree. It was a great injustice on a grand scale.

We don't however need yet more AD unbacked by production as that is what has been happening for decades, especially the most recent one. What is needed is increased production. Further increases in the MS will not achieve that (in fact, it will achieve the opposite!). The only sustainable solution IMO to this monetary problem is to implement a largely inelastic currency. Sadly, this option is never discussed by policymakers to my knowledge.

Economic Stimulus Does Not Stimulate Economic Growth
1 month ago

But why does the money supply need to increase at all?

Economic Stimulus Does Not Stimulate Economic Growth
1 month ago

What would helicopter money fix?

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Atle Willems Commented on Economic Stimulus Does Not Stimulate Economic Growth:

See your point, but not sure how that could be done fairly. Many things have gone wrong, not just on the money side. One thing is for sure though: people want and need more purchasing power. That can onl...

more
Atle Willems Commented on Economic Stimulus Does Not Stimulate Economic Growth:

Yes, they were all bailed out at the expense of others, totally agree. It was a great injustice on a grand scale.

We don't however need yet more AD unbacked by production as that is what has been happenin...

more
Atle Willems Commented on Economic Stimulus Does Not Stimulate Economic Growth:

But why does the money supply need to increase at all?

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PERSONAL BLOG

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Work Experience

Contributing Writer
Seeking Alpha
July 2014 - Present (2 years 8 months)
Writer, Publisher
EcPoFi - Economics, Politics, Finance
May 2012 - Present (4 years 10 months)
Owner
Liabridge
2011 - Present (6 years 3 months)

Financial research and economic advisory.

Finance Director/Managing Director
Freedom Recruitment Ltd.
December 2001 - March 2011 (9 years 5 months)

Education

Mises Institute
Austrian Economics Level One Certifications
2014 / 2014
CFA Institute
Chartered Financial Analyst
2011 / 2011
Finance
University of Nottingham
MA
2000 / 2001
Finance
Handelshøyskolen
BI
1997 / 1997
Business, Law, Accounting
Drake University
BSc
1991 / 1995
Business Administration

Publications

Money Cycles: The Curse of an Elastic Money Supply
Atle Willems
CreateSpace Independent Publishing Platform
01/12/2017

You might have been told differently, but most economies today are never actually economically stable. Under current monetary regimes, financial stability is only a temporary phenomenon as economies around the world are in fact inherently unstable by design. Presently, this is the case more so than perhaps ever before. In "Money Cycles", the curse of an elastic money supply is explained in detail and its effects on economic progress in general and stock market valuations in particular are exposed. The author presents a comprehensive account of the money creation process, how to compile accurate and relevant money supply aggregates, and how the money cycle is the main determinant of the business cycle. In the final part of the book, the Austrian theory of the business cycle is applied to demonstrate how the money cycle determines stock market booms and the crashes that must follow.