Harry Potter and the Great Old Ones

Chapter 736 Inflation

"Haha, you don't need to be so solemn, Mr. Weasley." Tiera said with a smile, "As long as your family, Hermione and Harry are traveling, even if you don't let him go, Ron will

I will cry and make noises and want to go with you."

"And this is also a good thing." Tiera continued to explain, "I won't let you write it in vain. These travel reports you wrote also contain information about local customs, policies, technological development and modern history.

I will summarize the content of the process for you and publish it in a novel like a travel diary."

"I believe that with the poor eyes of the wizarding world, this book will definitely sell well." Tiera said, "When the time comes, the royalties will be divided into 28%, 20% of which will be donated to the Hogwarts Scholarship Fund, and the remaining

How about 80% of it being at your own discretion?"

"That's great! Tiera, this is great!" Arthur Weasley was shocked at once, and then he reacted, "No, no, no, Tiera, you provided all the funds for our trip.

, is it appropriate for us to take 80% of the royalties?”

"Haha, Mr. Weasley, you are too polite! What is inappropriate about this?" Tiera smiled and waved her hand and said, "The travel funds I provided you are just a small investment from me, I don't expect it.

What’s the reward for that?”

"By the way, what we give you is the Muggle money of various countries, not the gold Galleons of our wizarding world." He continued, "I don't mind the share of the royalties. Eighty percent is at your discretion.

It makes sense. After all, you are the protagonists of the trip, and it is your experiences and knowledge that make this book lively and interesting.”

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

"Inflation?" Arthur Weasley muttered this word with some confusion.

"It's an economics name from the Muggle side." Tiera explained, "It refers to the situation under the conditions of currency circulation, because the money supply is greater than the actual demand for money, that is, the actual purchasing power is greater than the output supply, resulting in currency

Depreciation, resulting in a sustained and widespread rise in prices over a period of time."

"Just like now." Tiera said, "I hired these wizards to work for us, and I paid them fifty gold galleons every month, but correspondingly, our potions and reagents,

There are not that many magic products, so prices will inevitably rise. For example, one gold galleons could buy fifty ounces of dragon tooth powder in the past, but now the price has risen to two gold galleons and eleven silver xikels."

"Of course, because the salary I paid is very high, and because most of the increased wizard population in the UK are students, this price increase is not obvious, and it has not reached the point where there are complaints." Tiera said,

"But this is already a very dangerous signal."

"In order to solve the problem of inflation, in addition to putting a large number of potions, raw materials and magic products on the market, we also need to inject some new entertainment methods into the wizarding world."

"The novel is one thing," Tiera said, "but so is George and Fred Weasley's mischievous merchandise."

"Your travel is also one aspect."