Iconomy
基本解释
金融活动由虚拟形象、杠杆金融工具等主导的经济形态(该定义表述较含糊)
英文释义
(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
上一个单词:iconometry
下一个单词:iconophile