Chapter 28 Gold Galleons Are Not Gold Coins (Thanks to Everyone Who Supports Me)
After paying two fifty pounds as a consultation fee, Elena's process of exchanging gold galleons was surprisingly smooth.
In less than a quarter of an hour, Goblin Serkis completed a series of tedious tasks for Elena, including information registration, account opening, currency exchange, etc., and delivered the cloth bag full of coins to Silver Hair. In front of the little loli.
By the way, in addition to most of the gold Galleons, Serkis also thoughtfully arranged a certain proportion of Silver Sickles and Copper Nuts for Elena to facilitate her next shopping trip.
"It turns out this is a golden galleon. The workmanship is surprisingly good."
Elena curiously picked up a gold coin and looked at it carefully. In terms of size, it was not too big, only half a circle larger than the one-yuan coin in her previous life.
An abstract fire dragon logo is printed on the front of the gold coin, and there is a circle of numbers on the edge. It is the number engraved by the Gringotts minting elf, and it is also the number of the minting elf.
"However, the weight and texture... seem a little wrong?"
The next moment, the girl weighed the gold coin in her hand and scratched the surface of the gold coin with her fingernails slightly - the luster on the light coin remained the same, without any dents or scratches.
Elena raised her eyebrows. There was no doubt that in terms of weight and texture, the glittering Galleons in front of her were definitely not gold coins made directly from natural gold.
As a fan of the Harry Potter series and a master's degree in quantitative economics in her previous life, Elena once participated in a discussion group for "Hogwarts on the Bite of the Tongue" book fans with the number [862-074-819]. This is an interesting question that few people have explored.
As the first country to implement the gold coin standard, even if it later entered the credit standard (that is, paper currency standard) monetary system, gold still has a decisive influence on the British economic system.
The gold galleons in the magical world are undoubtedly the biggest challenge to the new credit-based currency.
That is, once the gold galleons put aside their monetary attributes and their actual value is higher than their exchange value, it will be a catastrophic economic collapse for both worlds.
In 1991, where Elena is now, the price of one ounce of gold was US$360.75, which means that the price of one gram of gold was approximately £8.68.
You know, the mass of a one-yuan coin with a nickel-plated steel core is about 6 grams, and the weight of pure gold of the same volume is about 15.7 grams, well, it is worth 136 pounds.
However, the exchange ratio used by the goblins of Gringotts is: one gold galleung is equal to five pounds!
A more straightforward explanation is that if a gold galleung is smelted into gold and the price it can sell is much higher than the currency price required to exchange it, the magic world's gold reserves will first show A cliff-like decline will be followed by a currency exchange blockade, until all exchange channels with the Muggle world are completely closed.
(If you still don’t understand, please click to view the comments)
In short, under the contradictory constraints of purchasing power and exchange rate, if the goblins and the magic world want to continue to maintain a normal financial system, they will ultimately come to only one conclusion - to issue bad currency on a large scale.
Therefore, the current [Golden Galleons] are not [gold coins]. At most, they are a magic currency made from an alloy of a small amount of gold and cheap metals.
In this way, it also perfectly explains that in the original work "Harry Potter and the Goblet of Fire", Fudge, then the Minister of Magic, single-handedly threw the prize of one thousand gold galleons to Harry Potter. Such an incredible thing Thing, that’s close to 80 kilograms in weight!
"Excuse me...Dear Miss Elena, is there anything wrong with this gold Galleon?"
Andy Serkis asked with some trepidation.
Ever since she got the gold Galleons, this generous little human girl had been in a daze, playing with just one gold coin and looking at it for nearly five minutes. Even the most wealth-obsessed goblin could do nothing more than that.
"Oh, it's nothing. I just suddenly thought of something else."
After coming back to her senses, Elena shook her head and did not answer. With a flick of her fingers, she deftly put the gold Galleons on her fingertips into the small bag on her waist. She turned around and looked at Dumbledore and asked.
"So Professor Dumbledore, where do we go next?"
"Well... of course the next step is to go to Diagon Alley to prepare the school supplies you need. Let me take a look first."
Dumbledore took out a piece of parchment with some ink stains on the back, pushed up his glasses, carefully looked at the items listed above, and whispered: "Uniforms, books, wands, class supplies , and in addition, students can carry one... ahem, I roughly understand."
The old wizard was reciting, and suddenly he coughed strangely. Before Elena could clearly see the contents of the parchment in his hand, he quickly folded the list and put it back in his arms.
"First of all, let's buy you a uniform. From a personal point of view, I prefer Madam Malkin's Robe Store."
Dumbledore smiled warmly, took Elena's little hand without any explanation, and walked towards the door of Gringotts.
For some reason, Dumbledore suddenly had an ominous premonition. It seemed that if he continued to stay with Elena in Gringotts, something troublesome might happen.
"Wait a minute, Professor Dumbledore, did you omit something on purpose?"
Standing on the sunny commercial street outside Gringotts, Elena stared at Dumbledore with some dissatisfaction.
If she remembered correctly, at the end of each new student's list of requirements for starting school, it should be noted that students can bring an owl, a cat, or a toad as a pet.
"Really? Then you may have heard wrong. As the principal of Hogwarts, I am sure that these are the school supplies you need, Elena."
Dumbledore blinked in confusion and explained to the silver-haired little Loli in a serious manner. His tone was so sincere that if Elena hadn't read the original work at least ten times, she would have been fooled by him.
"Pets! Every little wizard can bring a pet into Hogwarts! I saw the list attached to the second page from Father Benitez last night. Professor Dumbledore, what do you think? That’s okay!”
Elena puffed up her cheeks and threw away Dumbledore's hand angrily. She was not a devil, so she wanted to find a way to deprive her of the opportunity to have a small pet.
"Hmm...is that so? I see, this mass of ink just blocks the content behind it. By the way, what flavor of ice cream do you want to eat?"
Dumbledore took out the parchment with a surprised look on his face, opened it and took a look at it, showing an expression of sudden realization, and suddenly changed the subject abruptly and asked.
hehe--
Here we go again.
The silver-haired little loli rolled her eyes, ignored Dumbledore, and walked alone into Madam Malkin's robe store next to the street.
For such an unscrupulous old wizard who couldn't even find an excuse, if it weren't for the huge disparity in combat power, Elena would have even planned to rip off his beard.
A girl's voice came from the crack in the door of the clothing store that was swinging back and forth.
"...Chocolate flavor, and strawberry flavor. It's best to add some chopped nuts on top."
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(The following content has nothing to do with the main text)
Well, at four o'clock in the morning, I finally complied with the agreement and finished coding.
I wrote 1,000 words at around 2 o'clock and wanted to sleep. Suddenly I saw the 150,000 starting coins rewarded by the stubborn leader Xiao Wang, and I realized that there are so many people waiting for my update.
So I washed my face and continued to finish writing this chapter.
Maybe this chapter is a little dry, but every word is well written. There is no inflated content at all, so dear readers, please forgive me for being so late in updating because of my well-behaved attitude.
Once again, I realized how pitiful I am at a speed of 500 words per hour.
嘤嘤嘤~~I’m so sleepy, I’m going to sleep.
Please vote for recommendations. If this chapter is not well written, please comment. If there are any mistakes, I will correct them when you wake up.