Harry Potter and the Old Ones

Chapter 821: inflation

"Hehe, there's no need to be so serious, Mr. Weasley." Tierra said with a smile, "As long as your family, Hermione and Harry are all traveling, even if you don't let him go, Ron won't let him go." I will cry and clamor to go with you."

"And this is also a good thing." Tierra continued to explain, "I won't let you write in vain, these travel reports you wrote, as well as the local customs, policies, technological development and modern history I will summarize the content of the process for you and publish it as a novel like a travel log."

"I believe that with the eyes of the wizarding world, this book will be a hit." Tierra said, "At that time, the manuscript fee will be divided into 20-80%, of which 20% will be donated to the Hogwarts Student Fund, and the remaining How about 80% of your own free control?"

"It's great! Tierra, this is also great!" Arthur Weasley was shocked at once, and then reacted, "No, no, Tierra, you provided all the funds for our travels. , we take 80% of the manuscript fee... is it appropriate?"

"Haha, Mr. Weasley, you are too polite! What's inappropriate?" Tierra smiled and waved his hands and said, "The travel funds I provided to you are just my small investment, and I don't expect What do you get in return for it?"

"By the way, what we give you is Muggle money from all over the world, not the Galleons of our wizarding world." He continued, "I don't mind the share of the royalties, 80% is at your discretion. Makes sense. After all, you are the protagonists of the journey, and it is your experiences and what you see that make this book come alive."

"And don't forget, I ransacked the entire Gringotts vault." Tierra continued, "What we should worry about most now is not money, but inflation."

"Inflation...inflation?" Arthur Weasley muttered the word with some doubts.

"It's an economics name on the Muggle side." Tierra explained, "It refers to the fact that under the condition of currency circulation, because the currency supply is greater than the actual demand for currency, that is, the actual purchasing power is greater than the output supply, resulting in currency depreciation, resulting in a sustained and general rise in prices over a period of time."

"It's like now." Tierra said, "I hired these wizards to work for us, and I paid them fifty gold Galleons a month, but correspondingly, our potions, reagents, There are not so many magic products, so it will inevitably cause prices to rise. For example, one gold galleon could buy fifty ounces of dragon tooth powder, but now the price has increased to two gold Galleons and eleven silver Sickles."

"Of course, because of the high salary I pay and the fact that most of the increasing wizard population in the UK is students, this kind of price increase is not obvious, and it hasn't reached the point of complaining." Tierra said, "But this is already a very dangerous signal."

"In order to solve the problem of inflation, all we have to do is to inject some new entertainment methods into the wizarding world in addition to putting a lot of potions, raw materials and magical products on the market."

"Fiction is one thing," said Tierra, "and so is George and Fred Weasley's mischief merchandise."

"Your travel is also one aspect."

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