(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