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moonlite_trystI'm not an economist and only have the vaguest idea about things such as GDP, inflation, deflation, customs and excise, but I do get that countries survive by trading with other countries, providing a marketable product or service, or selling a natural resource in demand by others. A ridiculously simple overview I know..
Which leads me to my questions:
How do you think the wizarding world economy works?
Do Uk wizards trade with other communities around the world and what do you think the UK wizards could offer?
Do galleons rise and fall in price like other monetary systems? Would Voldemort's actions have had a negaive impct on the WW economy?
How does Gringott's operate?
Do the goblins charge their human customers and would they have something like the Muggle money markets to make a profit on all that gold etc sitting in their vaults?
Could famillies like the Malfoys, Blacks and Potters have amassed their fortunes by taking advantage of generations of Muggle labour or Muggle ambition, such as trading in tea, porcelain, opium etc?
I'm thinking this gathering of wealth on the back of Muggle labour is very likely because there must've been Muggle borns throughout the centuries. Would the heir to a grand estate been made to renounce his title because he was a wizard?
Thoughts?
Which leads me to my questions:
How do you think the wizarding world economy works?
Do Uk wizards trade with other communities around the world and what do you think the UK wizards could offer?
Do galleons rise and fall in price like other monetary systems? Would Voldemort's actions have had a negaive impct on the WW economy?
How does Gringott's operate?
Do the goblins charge their human customers and would they have something like the Muggle money markets to make a profit on all that gold etc sitting in their vaults?
Could famillies like the Malfoys, Blacks and Potters have amassed their fortunes by taking advantage of generations of Muggle labour or Muggle ambition, such as trading in tea, porcelain, opium etc?
I'm thinking this gathering of wealth on the back of Muggle labour is very likely because there must've been Muggle borns throughout the centuries. Would the heir to a grand estate been made to renounce his title because he was a wizard?
Thoughts?
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no subject
Date: 2009-03-15 08:35 am (UTC)Now this is something I truly don't get. I can understand the population being small when the Muggle population is small because there woudn't be many muggle borns to swell the ranks. But, with the population explosion in Britain since developments in sanitation and health care, it doesn't make sense that the UK WW is so small.
If the muggle population increases due to improved infant mortality rates, then surely the percentage of muggle borns reaching Hogwarts would increase and with them an influx of muggle ideas to challenge the status quo. I'd've thought that development would be the very thing that started Grindlewald off on his journey to pure blood supremacy.
As for the goblins, why on earth would anyone entrust their wealth to a group of beings they treat less than equal, unless there's some serious protection spells at work that prevents the goblins from spiriting away all those galleons.