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I'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?
