Words by bilwander

3 words contributed

• Iconomics
  The sector of the so to say science of applied economics that promotes iconomy
  
  Example: Economic crises of propagating magnitude and global impact, is the outcome of certain economic policies overwhelmed by iconomics
  1/4/12
• Iconomist
  A so to say economist, sermonizing and assisting iconomy
  
  Example: Economic policy makers and chairmen of federal/national reserve banks are typical cases of iconomists responsible for epic failures in sovereign economies as well as global markets downfalls
  1/4/12
• Iconomy
  An economic environment 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
  
  Example: 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
  Origin: (composite from the greek words, icon-iconic meaning image-imaginary-virtual and economy)
  1/4/12

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