(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
The newest product from the richest company on the planet that utilizes slave labor in third world countries to charge outrageous prices for out-dated products.
Dude, I'm so taking the lead from my corporate icon and not paying taxes cause iDontpaytaxes. Have you seen the tiny little screen on my phone?