Being a bastard at Hogwarts is not safe.
Chapter 262 The Economic War in the Wizarding World
"!!!"
Lin En and Sirius were speechless for a long time after listening, and stood in place holding teacups and thinking for a while.
The reason why the goblins of Gringotts survive in the wizarding world is because they have the most skilled metalsmiths in the world. The currency they refine cannot be imitated by low-end alchemists, and high-end alchemists disdain it.
This is why the Ministry of Magic looks down on these goblins, but it has to recognize Gringotts' orthodox status as the only bank in the wizarding world, although this bank is actually just a large safe depository.
Isn't the Ministry of Magic short of money?Judging from the organizational setup of the Ministry of Magic, there is no financial department.But the Ministry of Magic always has to pay employees. They are very short of money. Because of this, the Minister of Magic and various high-level officials will turn a blind eye to the corruption of the Wizengamot, and Sirius once said that his Grandfather received the Merlin First Class Medal for donating a large sum of gold to the Ministry of Magic, which also shows to a certain extent how short of money the Ministry of Magic is.
The cost of coinage alone has made them greedy but unable to do anything about it, let alone a series of other problems.
But this doesn't mean that the Ministry of Magic really doesn't have any ideas. As long as money is involved, who can guarantee that who is really not interested in such a thing?
Bryan continued: "When the Wizarding Council was first transformed into the Ministry of Magic, it was only responsible for managing the country's magical administration, judiciary, and legislation. The main purpose was to protect all wizards and magic from being discovered by Muggles, and to maintain the status of Muggles and wizards. The balance of the currency has consumed too much manpower and material resources of the Ministry of Magic, and the goblins have advanced metal refining technology, so the currency is outsourced to the goblins.
During this period, wizards also tried to control Gringotts Bank, but they all ended in failure. Until 1865, the Ministry of Magic agreed to let goblins completely control Gringotts, but even then they never stopped eroding Gringotts. They keep putting people in but they still can't get to the core position.
And those goblins were not so honest. They incorporated the three metals of gold, silver and copper into the currency system, forming a currency market in which copper nats are used for small transactions, silver Sickles are used for medium transactions, and gold Galleons are used for large transactions, avoiding a single currency market. The money shortage problem caused by the excessive demand for metals.Moreover, in the process of minting coins, advanced technology is used to mix other metals. This is the real reason why the goblins of Gringotts have made a fortune. Unlimited.
But the most frightening thing is that, as the only bank in the wizarding world, goblins can use the wealth circulating in the market to judge how much Galleon they can use without causing the currency value to become unbalanced and the market to be chaotic.
During this period of time, I made a very terrible judgment based on the books in the Hogwarts library and the investigation and analysis of some students in the professor's office. There are about 3000 wizards in the entire UK, and the employment rate in the wizarding world is only Around 16%, and the remaining wizards are not members of a small number of wizarding noble families, have to be self-sufficient, or integrate into Muggle society.
Analyzing it from the perspective of Muggles, this shows that the degree of division of labor in the wizarding society is still in the small peasant society in the feudal period, and under such an employment rate, the wizarding world has not yet perished. What does this mean?It shows that the wizard class relationship formed by the Gringotts gold standard has caused a huge gap between the rich and the poor, and most wizards have found family support. Mixed blood, especially Muggle wizards, have no background and cannot be protected in wizarding society. Keen on accumulating a large amount of wealth, Gringotts did not soar in prices when infinite coinage resulted in more money than goods.
So for the Ministry of Magic, because there is no financial regulatory agency, once half of the families take out the stored currency and use it in the market, it may lead to the worst result of currency collapse. For Fudge and his confidants In order to get rid of the haze of Dumbledore's support to come to power, he must also have wealth, so he will not refuse the opportunity to get the right to mint coins. As long as someone proposes, he will definitely promote this decision.
Wizards aren't friendly to goblins, whether it's their past attempts to enslave them like house-elves, their denial of the right to hold a wand, or the wizard-killer Yardley Plant's spate of goblin murders, Making currency is the only way for goblins to survive in the wizarding world, otherwise they will either be enslaved like elves, or hidden like centaurs.
As long as we can promote this plan and let Fudge launch the reform of the currency, we can help Gringotts stop it at the most critical time. No matter how strong the barriers and obsessions between the goblins and wizards are, they should be shaken.
Naturally, we need to continue to intervene in the process again to prevent Fudge's reforms from becoming irreversible. At that time, we will use the power of Gringotts and some ancient pure-blood nobles to coerce and get close to Voldemort's pure-blood faction.
When it comes to their interests, there is a possibility to sit down and talk!
That's the best I can come up with. "
After Brian finished speaking, Sirius standing next to him wanted to laugh but couldn't. His expression was a little tangled and proud, while Lynn held his teacup and breathed a sigh of relief.
"Brian, how did you... come up with this?"
Brian smiled helplessly. To be honest, he and Tom Riddle spent three days and three nights discussing these things.Originally, he only determined the general direction of Gringotts and then getting closer to Voldemort's pure-blood family, but he had no detailed ideas on how to make Gringotts submit.
The calculations he can think of cannot 100% guarantee that Gringotts will cooperate according to his ideas. After all, these goblins are proud of their bones despite their barriers to wizards. It will take a while for the ability of the goblin to develop a brand new magic circle.
And Tom Riddle happened to read some history of the Muggle world and some books on economics when he was bored some time ago, and proposed such a method when Brian asked for advice humbly.
The two held each other's side in the time-space secret realm, and continued to deduce in a loop, and finally decided on a three-pronged plan that focused on false promotion of reforms, in order to follow up with another plan for the Malfoy family.
Brian hesitated for a moment, thought carefully, calculated carefully, and finally decided to tell the other parts of the calculation, so that Lynn and Sirius had an idea.
After all, the timing is just right.
"Patriarch Lynn doesn't think that my calculations are over!"
Lin En and Sirius were speechless for a long time after listening, and stood in place holding teacups and thinking for a while.
The reason why the goblins of Gringotts survive in the wizarding world is because they have the most skilled metalsmiths in the world. The currency they refine cannot be imitated by low-end alchemists, and high-end alchemists disdain it.
This is why the Ministry of Magic looks down on these goblins, but it has to recognize Gringotts' orthodox status as the only bank in the wizarding world, although this bank is actually just a large safe depository.
Isn't the Ministry of Magic short of money?Judging from the organizational setup of the Ministry of Magic, there is no financial department.But the Ministry of Magic always has to pay employees. They are very short of money. Because of this, the Minister of Magic and various high-level officials will turn a blind eye to the corruption of the Wizengamot, and Sirius once said that his Grandfather received the Merlin First Class Medal for donating a large sum of gold to the Ministry of Magic, which also shows to a certain extent how short of money the Ministry of Magic is.
The cost of coinage alone has made them greedy but unable to do anything about it, let alone a series of other problems.
But this doesn't mean that the Ministry of Magic really doesn't have any ideas. As long as money is involved, who can guarantee that who is really not interested in such a thing?
Bryan continued: "When the Wizarding Council was first transformed into the Ministry of Magic, it was only responsible for managing the country's magical administration, judiciary, and legislation. The main purpose was to protect all wizards and magic from being discovered by Muggles, and to maintain the status of Muggles and wizards. The balance of the currency has consumed too much manpower and material resources of the Ministry of Magic, and the goblins have advanced metal refining technology, so the currency is outsourced to the goblins.
During this period, wizards also tried to control Gringotts Bank, but they all ended in failure. Until 1865, the Ministry of Magic agreed to let goblins completely control Gringotts, but even then they never stopped eroding Gringotts. They keep putting people in but they still can't get to the core position.
And those goblins were not so honest. They incorporated the three metals of gold, silver and copper into the currency system, forming a currency market in which copper nats are used for small transactions, silver Sickles are used for medium transactions, and gold Galleons are used for large transactions, avoiding a single currency market. The money shortage problem caused by the excessive demand for metals.Moreover, in the process of minting coins, advanced technology is used to mix other metals. This is the real reason why the goblins of Gringotts have made a fortune. Unlimited.
But the most frightening thing is that, as the only bank in the wizarding world, goblins can use the wealth circulating in the market to judge how much Galleon they can use without causing the currency value to become unbalanced and the market to be chaotic.
During this period of time, I made a very terrible judgment based on the books in the Hogwarts library and the investigation and analysis of some students in the professor's office. There are about 3000 wizards in the entire UK, and the employment rate in the wizarding world is only Around 16%, and the remaining wizards are not members of a small number of wizarding noble families, have to be self-sufficient, or integrate into Muggle society.
Analyzing it from the perspective of Muggles, this shows that the degree of division of labor in the wizarding society is still in the small peasant society in the feudal period, and under such an employment rate, the wizarding world has not yet perished. What does this mean?It shows that the wizard class relationship formed by the Gringotts gold standard has caused a huge gap between the rich and the poor, and most wizards have found family support. Mixed blood, especially Muggle wizards, have no background and cannot be protected in wizarding society. Keen on accumulating a large amount of wealth, Gringotts did not soar in prices when infinite coinage resulted in more money than goods.
So for the Ministry of Magic, because there is no financial regulatory agency, once half of the families take out the stored currency and use it in the market, it may lead to the worst result of currency collapse. For Fudge and his confidants In order to get rid of the haze of Dumbledore's support to come to power, he must also have wealth, so he will not refuse the opportunity to get the right to mint coins. As long as someone proposes, he will definitely promote this decision.
Wizards aren't friendly to goblins, whether it's their past attempts to enslave them like house-elves, their denial of the right to hold a wand, or the wizard-killer Yardley Plant's spate of goblin murders, Making currency is the only way for goblins to survive in the wizarding world, otherwise they will either be enslaved like elves, or hidden like centaurs.
As long as we can promote this plan and let Fudge launch the reform of the currency, we can help Gringotts stop it at the most critical time. No matter how strong the barriers and obsessions between the goblins and wizards are, they should be shaken.
Naturally, we need to continue to intervene in the process again to prevent Fudge's reforms from becoming irreversible. At that time, we will use the power of Gringotts and some ancient pure-blood nobles to coerce and get close to Voldemort's pure-blood faction.
When it comes to their interests, there is a possibility to sit down and talk!
That's the best I can come up with. "
After Brian finished speaking, Sirius standing next to him wanted to laugh but couldn't. His expression was a little tangled and proud, while Lynn held his teacup and breathed a sigh of relief.
"Brian, how did you... come up with this?"
Brian smiled helplessly. To be honest, he and Tom Riddle spent three days and three nights discussing these things.Originally, he only determined the general direction of Gringotts and then getting closer to Voldemort's pure-blood family, but he had no detailed ideas on how to make Gringotts submit.
The calculations he can think of cannot 100% guarantee that Gringotts will cooperate according to his ideas. After all, these goblins are proud of their bones despite their barriers to wizards. It will take a while for the ability of the goblin to develop a brand new magic circle.
And Tom Riddle happened to read some history of the Muggle world and some books on economics when he was bored some time ago, and proposed such a method when Brian asked for advice humbly.
The two held each other's side in the time-space secret realm, and continued to deduce in a loop, and finally decided on a three-pronged plan that focused on false promotion of reforms, in order to follow up with another plan for the Malfoy family.
Brian hesitated for a moment, thought carefully, calculated carefully, and finally decided to tell the other parts of the calculation, so that Lynn and Sirius had an idea.
After all, the timing is just right.
"Patriarch Lynn doesn't think that my calculations are over!"
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