Listen to the space-time administration

Chapter 175 The Countdown to Gringotts

No matter how much you argue, the death of the Auror is a certainty.Fairies can't bring a dead man back to life.

With the death of his kind, the Wizengamot delivered a guilty verdict quickly without hesitation.

"Goblins are completely prohibited from possessing all weapons that are considered lethal by Muggles or wizards! It is also forbidden to enter the Muggle world for all transactions. The goblin assets in the Muggle world will be confiscated by the Muggle government as compensation.

Gringotts practitioner lists must be sent to the Regulatory Control of Fantastic Creatures for review every week!Goblins not on the Gringotts trade list are sent to Azkaban.Bobby Dick's death payout and all Auror damage payouts will be borne by Gringotts. "

To be honest, this kind of punishment is very painful for the goblins, but it is within the range they can bear.

The bombing in the Muggle world is actually an internal struggle among the Muggles. What is the goblin who provided the weapon?Just a weapon manufacturer with no background.

In the current wizarding world, there are still some wizards who look down on ordinary people and think that Muggles are inherently inferior to wizards.So the Wizengamot wizards present can generously throw wealth that does not belong to them to Muggles as compensation without thinking.

For goblins, they have an additional weekly audit, and have narrowed the scope of activities and practice.

However, what the goblins care about is not the narrowing of the scope of work, but the identification of lethal weapons. If the Aurors of the Ministry of Magic are willing, when the goblins pick up branches, they can be regarded as weapons with lethal capabilities.

With this broad definition, the goblins will face a more severe blow.

So when the goblins returned to Gringotts, they packed up and sold all the equipment that would hurt other people, from letter openers to scissors, from fireplace tongs to repair nails.

Goblins who have been in the Muggle world have said that they once heard of a man who killed three people with a pencil in a bar!The goblins were even going to throw away all quills if they weren't used when signing contracts.

After spending a period of time trembling like this, the goblins did not receive the blow they expected.

This made the goblins turn their attention to making money, a huge loss in the Muggle world, and the greedy goblins had to earn it back in the wizarding world!

The original development of Felicia Elixir and the hoarding of medicinal materials were put on the agenda again. After losing part of their finances, the desire for assets gradually drove the goblins to madness.

The price of medicinal materials has skyrocketed, and a mandrake used as an additive can be sold for 14 silver Sickles.Not to mention other medicinal materials, they are all calculated in Galleons.

Dumbledore paid the house elf Dobby a salary of ten Galleons a week, which was already comparable to that of ordinary wizards.Even Arthur Weasley won the grand prize of the Daily Prophet, which has a separate page, and it was only seven hundred Galleons, which was equivalent to Weasley's salary for a year.

The increase in the price of medicinal materials has led to the prices of other items. The current increase in prices has made the wizarding families who were already in financial difficulties complain more and more.

The goblins of Gringotts are still hoarding medicinal materials. They decided to stabilize the price of existing medicinal materials and at the same time sell some of them to obtain working capital.

At this critical time, Snape issued a statement in the Daily Prophet.

"In view of the fact that some people are constantly trying the formula of the Felicity Elixir, I hereby declare that the new formula of the Felicity Elixir uses magical medicinal materials that are not from the wizarding world. The Malfoy's family is also selling the vacant medicine field. If you are interested, please contact Narcissa."

This statement did not lower the price of medicinal materials, because the economic system of the wizards is a market economy, and in the normal market economic activities before, such a large-scale manipulation of the market has never occurred.

But this statement made it impossible for the goblins to sell their medicinal materials!

Today's wizards all have an idea that "it's so expensive anyway, it's better to buy it when it's cheaper", except for buying a bottle of super expensive potion, and then cursing the street lamp pendant that is stockpiled, everyone seems to need it The medicinal materials are average.

Medicinal materials are agricultural products with a shelf life, and the next batch of medicinal materials will soon be out of the fields, and the goblins are about to go crazy...

Just like after the price of ginger and garlic skyrocketed in a certain year, driven by profit, everyone would prefer to plant certain crops with high economic value, regardless of what others thought.

The large-scale production of certain cash crops will inevitably cause market prices to fluctuate.And now, it's time to hit the market...

The prices of various medicinal materials are no longer falling like a cliff, and the price of jumping off a building is not enough to describe.Mandrakes that originally cost 14 silver Sickles are not even bought for 5 copper Knuts.

Originally, no matter how high the price of medicinal materials was, the goblins would suffer as much.Letting the goblins lose money makes them feel worse than killing them.

But the Ministry of Magic payday that followed, added another knife to Gringotts...

The purchase of medicinal materials created a high-priced market, causing Gringotts to sell countless Galleons, followed by a drop in the price of medicinal materials, which made it impossible for Gringotts' original assets to return and form an effective capital chain.

Originally, the salary of the Ministry of Magic was traded by Gringotts, and the salary of the employees of the Ministry of Magic was directly sent to their corresponding accounts.Except for people in need like the Weasleys, the rest of the Ministry of Magic employees basically have some deposits in their accounts.

But for some reason, the Ministry of Magic has a popular saying that the goblins decided to target the Aurors who attacked them in the first place and not allow their accounts to be withdrawn.

This sounded like a rumor, which made the group of Aurors vigilant.

The money in your own account is your own wealth and life!
When the first Auror chooses to withdraw all funds and clear the treasury, other Aurors follow.

Once this trend is formed in the Ministry of Magic, it will not affect only one department.

First the Department of Magical Accidents and Disasters, which was involved in the Gringotts operation, then the Department for the Regulation and Control of Fantastic Beasts, and finally the entire Ministry of Magic!
In order to ensure the safety of their own accounts, the Aurors deliberately took the time to start the investigation of Gringotts to ensure that their colleagues could get the cash.

This run on the Ministry of Magic has completely emptied Gringotts' cash reserves.

Galleon itself is a currency minted by goblins. It is not gold itself but contains a small amount of gold in it.

And the value of Galleons as a general equivalent currency itself is not guaranteed by an anchor, just a little gold in Galleons?Its true value is less than a silver Sickle.

There are only two roads before Gringotts.

One, cast gold into Galleons and continue to exchange them with Ministry of Magic staff.

Second, close Gringotts, announce technical adjustments, and then transfer funds from other accounts to the run-on Ministry of Magic staff.

But neither of these two paths worked for Gringotts.

First, Garen has no anchors, and its value cannot be reflected by its own price.Gringotts simply doesn't have enough gold to make Galleons.

In the past, it might be possible to obtain sufficient means of production through gold transactions in the Muggle market.

But now, the assets of the goblins in the Muggle world have been seized, and there is no way to get gold.

Unless they can get the Philosopher's Stone and rely on alchemy to make gold.But Nicole Flamel is dead!

Second, Gringotts' private account is only used as a private storage room, for which users must pay a large amount of protection fees to Gringotts.The funds in it exist as personal storage, not account data at all.Once the contents are used, who knows if the owner has cast some magic to protect his assets.

So after these two roads failed, the goblins of Gringotts carried out a show operation without permission.

They minted new currencies!

Currency is a general equivalent as an exchange item. If there is no recognized price and credit system, there will be no actual exchange value.

How serious is the impact of hastily issuing new coins without anchors?Look at the legal currency, and then look at the Zimbabwean currency that reaches 10 to the 303 power.Tiandi Bank did not dare to issue such a seal.

In the current Gringotts hall, the staff of the Ministry of Magic who came to withdraw cash from the account noticed that the Garen in his hand had changed.

"Fairy! How dare you deceive me with counterfeit money!"

The goblin who was pointed at with a wand looked at the surrounding Aurors who had also pulled out their wands, and said embarrassingly, "This is the new Gallon, it can buy things just like the previous one..."

"I don't want the new one, I want the old one! Exchange the old Galleon for me!"

Looking at the wizard who was about to attack, the goblin helplessly told the truth: "But...but now there is only this kind of Galleon..."

The Gringotts counterfeit currency scandal has exploded!

'Shock! 99.9% of people don't know that there is no money in your account! '

'Shock!Such a thing happened in broad daylight in Gringotts! '

'The goblin actually made such an action in front of the wizard! '

'Shock!Men will be silent when they see it, and women will cry when they see it!Not withdrawing cash is not a normal person! '

After the thunderstorm at Gringotts, the Ministry of Magic realized that it had no department capable of dealing with such a thing.

Even if you push the matter to the Department of Magical Accidents and Disasters or the Department of Mysteries, you can't find a wizard who understands the reason.

Even for this trouble, the entire Ministry of Magic searched all over the prophets, hoping to get an answer.

But if there is no way, there is no way, just like encountering a math problem, if you can't, you won't.Even if a seer can see a few words from the future, he has to understand.

When he was at a loss, Minister Fudge stood up and turned the tide. He contacted the Muggle Prime Minister and borrowed some gold from the Muggle Bank as resources for making the old version of Galleon.

For this reason Fudge was on the headlines of the Daily Prophet for a whole week.

'A minister who is truly responsible for the interests of wizards'

'Wizards who can form friendships with Muggles'

'The most approachable magician'

Fudge's behavior was praised as a savior-like existence.

In the midst of much anticipation, for the first time, the wizards saw a muggle convoy transporting gold with live ammunition, and stopped at the gate of Gringotts...

(End of this chapter)