Chapter 488 Threat From Goblins

Currency is the most direct expression of modern war.

It is both a trigger and a catalyst; it is both a cause and a result...

The outbreak of World War I directly destroyed the last order of the precious metal standard system, and also opened the era of credit standard currency - a new form of currency guaranteed by national credit and monopolized by the central bank authorized by the state, which is the so-called The paper currency standard mainly relies on people's confidence in the government to maintain a relatively stable currency value.

Whether it is US dollars, rubles, pounds... they are all now credit currencies that are separated from any equivalent exchange.

You must know that before this, behind the currency of the ruble was a behemoth composed of a total of fifteen union republics, including Russia, occupying more than one-sixth of the world's total area.

The currency reputation of the ruble can be said to be the most stable in the world, bar none.

However, once the current Russian President Yeltsin issued those presidential decrees and the Central Bank of Russia took over the State Bank of the Soviet Union and took over the monetary power of the ruble, everything changed completely.

Perhaps in a short period of time, the internal currency market of the Soviet Union will not be greatly impacted, but it will be an extremely fatal blow to the value of the ruble in the foreign exchange market - to use an inappropriate analogy, it is like Among future Internet writers, if the eagle owes a hundred chapters, everyone will still have a little confidence before finishing the book; but if the person who made the guarantee suddenly changed from an eagle to a round-faced fat chicken overnight, So……

All in all, for the goblins who have hoarded rubles in large numbers, this is simply a nightmare disaster.

When receiving the news, the entire Gringotts Venture Capital Department was as silent as a tomb.

All Gringotts Goblins know very well that once this news becomes reality, more than half of the huge ruble reserves held by Gringotts Wizarding Bank will evaporate overnight - and this is still a theoretical, relatively optimistic situation. .

There is no economic game, no leverage bubble...

Even where the enemy is and where the beneficiaries of the funds are are incomplete...

Their money is just gone...

No more... no more...

Gone……

For the Gringotts goblins who value money more than their lives, this means they have lost more than half of their lives.

"The inertia of history is indeed powerful and irreversible. What was supposed to happen finally happened on time."

Elena's eyes flickered, and she glanced thoughtfully at the elderly goblin who was lost in thought.

If everything was still in a state of uncertainty before, then as soon as Yeltsin's statement is issued, the coffin board of Mao Xiong has almost been closed - the rest is just to hammer nails around the coffin board. That’s it.

However, considering the current size of Gringotts, it would only be a massive hemorrhage at best.

According to Elena's calculation model, at this time point, the success rate of taking this opportunity to intervene in Gringotts is not too high - in the face of the largest black swan in history, it is too dependent on the goblins. Courage and imagination.

"So, Elder Leos, have you thought about it?"

Elena didn't give the goblin much time to think, but after waiting for a minute or two, she took the initiative to break the silence.

For her, it is enough to know that history is still rolling on its original track. Unless there are sufficiently attractive benefits, she will never rashly try any move that may cause trouble.

After a slight pause, Elena shrugged and smiled with understanding.

"Based on the friendship we have cooperated with before, I suggest that you actually go back to Gringotts to discuss things clearly before coming here to ask for help - after all, this is a major turning point related to the survival of Gringotts. There is no harm in being a little cautious. "

"No need, I completely understand."

The old goblin elder was silent for a moment, then suddenly grinned and shook his head.

There is no doubt that judging from the current situation, wizards only have much more information than Gringotts. If they continue to bluff and confuse logic like before, they will only make themselves look like ridiculous clowns. Same.

Thinking of this, Leos subconsciously glanced at Albus Dumbledore, who was still looking curious not far away. Although the smile on his face did not diminish, he still couldn't help but spit in his heart.

Albus Dumbledore, this old wizard, is really bad!

What a vicious and hypocritical wizard, knowing everything and pretending to know nothing.

"Miss Kaslana, since we are all smart people, please stop wasting each other's time - you should know very well that judging from the current situation, it is far from the so-called critical moment for Gringotts' survival. It’s just a business.”

Leos hammered his cane, took a deep breath, and the expression on his face calmed down.

"Gringotts is willing to return the title deeds to Hogwarts and release all pledge contracts. In exchange for this, Mr. Albus Dumbledore and the human wizarding community will put pressure on the non-magical community of the Soviet Union to prevent the events next week. The issuance of Taoist decrees.”

"What?!"

Elena glanced at the old goblin in front of her with a strange expression, and several big question marks appeared on her face.

Is this old goblin from Gringotts thinking about shit? !

Unexpectedly, could such a guy become a powerful figure in the Fairy Presbyterian Church?

"Don't refuse in a hurry. I know it sounds a bit unreasonable... but I have to remind you that in this matter, the interests of Hogwarts and our Gringotts are completely consistent."

Leos grinned, showing his yellow teeth, and slowly took out a parchment scroll from his arms.

"The original contract between Hogwarts and Gringotts stipulated that the repayment must be made in rubles. I guess this is what you rely on, right? You think that after the ruble depreciates, you will make a lot of money from it. Pen?"

"So, what do you want to say?"

Elena raised her eyebrows impatiently and flicked her fingers on the edge of the tea cup.

"Currency depreciation will cause the actual value of the loan with expected interest to decrease. This is a truth that anyone who can count can understand. Obviously, it seems that the interests of Hogwarts and your Gringotts are at the same time. It’s not entirely consistent.”

"The premise is... that you can successfully complete the payment."

The old goblin elder slowly raised his head, and his cloudy eyes gradually became cunning and fierce.

"The ruble issued by the Central Bank of the Soviet Union and the ruble issued by the Central Bank of Russia, although they have the same name, are not the same currency - how to determine whether a currency is a continuation of bonds, in the wizarding world, the right to interpret it belongs to Gringotts of."

"Unfortunately, it's clearly not the same currency."

"This is just like a small Muggle fishing village calling the shells picked up on the beach Gold Galleons, but it cannot be used as the Gold Galleons produced by Gringotts to buy a wand. This is the same reason. From the time you sign this contract, you can terminate it in advance Yes, it’s just us fairies.”

"According to the agreement in the original contract, once it expires and Hogwarts is unable to pay the agreed amount of rubles in cash, the ownership of Salazar Slytherin's land deed as collateral will belong to the wizard of Gringotts It’s the bank.”

"For such a result, I think that everyone here..."

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There is only one chapter today, and this section is difficult to write. I am always dissatisfied~ Sigh~ Sigh~

PS: The new book can now be searched in the starting point. Click on the new book to see the new pitfalls of the pigeon author you are familiar with - —The protagonist is the lovely Ai Gugu~ Ai Gugu’s mother is called Elena~

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