fraudonomics

From fraud +‎ -o- +‎ -nomics.

fraudonomics (uncountable)

1. economic system as a whole based on fraud
   • 2010, Mark Ames, Confessions of a Wall Street nihilist: forget about Goldman Sachs, our entire economy is built on fraud:

     And it’s clear that a lot more people here are aware of how fundamentally rotten things are but they’re not willing to face the big fraudonomics bummer yet, preferring instead to stick with specific accusations.