Thesaurus: Iconomy
(composite from the greek words, icon-iconic meaning image-imaginary-virtual and economy) Iconomy is a state where certain "financial tools" (derivatives/futures-options-cds etc), leveraged credit and uncontrolled increa…
Related headwords
financialdefinitionvaluedefinitionassetsdefinitioncreditdefinitioneconomydefinitionrealdefinitiontoolsdefinitionaltogetherdefinitionbureaucraticallydefinitioncertaindefinitionchaoticallydefinitioncommoditiesdefinitioncompositedefinitioncreateddefinitionderivativesdefinitionexpansiondefinitionfixeddefinitionformdefinitiongeneratingdefinitiongreekdefinitionincreasedefinitioninstitutionsdefinitioninvestmentdefinitionleverageddefinitionmatchlessdefinitionmeaningdefinitionmoneydefinitionmultipledefinition
Definitions
- (composite from the greek words, icon-iconic meaning image-imaginary-virtual and economy) Iconomy is a state where certain "financial tools" (derivatives/futures-options-cds etc), leveraged credit and uncontrolled increase of money supply, altogether sum up to a matchless value chaotically multiple of the total value of all fixed assets, properties and commodities reserves of the real economy > Credit expansion obtained by financial institutions generating "vitual assets" and investment potential in bureaucratically created financial tools, void of any real or productive value, is a prominent form of Iconomy