HP Approaches the Magical World

(This chapter is still recommended to be read repeatedly.)

The Daily Prophet reported on December 27, 1989:

"After November 9, 1989, in response to the financial deficit caused by the collapse of the Berlin Wall, Germany began to issue its own currency on a large scale, which directly aggravated domestic inflation in Germany, and the huge inflationary pressure forced the Bundesbank of Germany to raise its interest rate. , but beneath its seemingly ordinary surface masked by the economic crisis, we still have reason to suspect that the dark wizards of the German wizarding world still survived to rescue their former leader Gellert Grindelwald from Nurmengard. idea."

Jon closed the newspaper in his hand, and tapped his fingers on the table twice, drawing a blank stare from the librarian Mrs. Pince.

Gently saying sorry, Jon rolled up the newspaper in his hand and clamped it on his arm, turned and walked out of the library.

It has been a week since he came to Hogwarts. This week, Helga will meet with him every two or three days. The two of them already have a tacit understanding. It will make Jon too lethargic the next day.

As for the after-school homework at Hogwarts, it is not difficult for Jon. After a little time, he can get a pretty good score, and Jon did not show any extraordinary talent in the flying class. So the sport of Quidditch, as long as he doesn't take the initiative to join in, has nothing to do with him.

And the homework that Helga gave him was very extensive. For example, the Daily Prophet he just read was the homework Helga gave him after he and Helga finished talking about his thoughts on Wednesday night.

Today is Saturday, and he will continue to enter Helga's portrait space at night. Before that, he will sort out these contents so that he can tell Helga.

Then Helga will make some inferences, including inferences of various possibilities, and Jon is responsible for finding the most likely one.

Of course, this is not homework, it is part of Jon's study.

As Helga said, an excellent wizard must have keen judgment, so as to avoid danger as much as possible.

Jon recently found a small corner on the eighth floor of the castle. The windows of that place are in the corner of the castle, and you can see the whole Hogwarts. And because the place is on the eighth floor, although students are not prohibited from going up, it is very convenient. Few people go there.

Jon often comes here, most of the time to meditate, the magical environment of Hogwarts is quite good, and the progress of meditation here is gratifying.

The rest of the time, Jon usually spends it in a daze, and his state is similar to meditation.

But when Jon was in a daze, he thought much more than usual.

It was as if the article he had just read had actually let him know that not all the magicians were fools, and there were also people who could see emergencies.

But choosing to publish this inference on the Daily Prophet would be a big mistake. Those people in the Daily Prophet have already ruined their credibility over the years.

It is true that this newspaper is the mainstream media in the British wizarding world, but it has reached the point where no one believes these inferences except for some factual news.

No one believes that it is not a big problem. At least Jon has a memory of this incident in his mind, and he didn't react immediately. Who would have thought that the dark wizard who advocates violence also began to use his brain, trying to use the Muggle world Economic war to cover up their true purpose?

In the wizarding world, the biggest problem is that wizards are self-confident. On the one hand, pure-blood wizards are hostile and contemptuous of Muggles. The sun never sets on the empire, and the situation in the wizarding world is not much better than that in the Muggle world. New wizards from various countries are springing up like mushrooms. Even though Dumbledore is still one of the most powerful wizards in the world,

But after all, it is difficult to support alone, and it is not easy to maintain the right of the British wizarding world to speak in the entire magical world.

Especially after World War II, the country in North America has already taken away the greatest right to speak from the empire on which the sun never sets under the repeated arrangements of the leader in the wheelchair. Correspondingly, the wizards in this country also As the tide rises, all boats rise, and they have more say in the International Magic Conference.

It is precisely because of this that in 1990, the British Muggle government decided to join a new currency system created by Western European countries in order to get rid of the constraints of the United States. This currency system - the European exchange rate system, actually uses a treaty to exchange the currencies of various countries. The mechanisms are locked together. To put it bluntly, each currency can only float within a certain exchange rate range. Once this range is exceeded, the central banks of each member state need to intervene in the market to stabilize the currency exchange rate.

And these were all based on the German currency "Mark" at the time.

The system was quickly turned into a tool, and the Muggle representative of the Dark wizards, a businessman named George, took advantage of the system's weaknesses and launched a monetary "hunt" on British Muggle society.

In Jon's memory, the UK in his previous life was basically beaten helplessly by this George, and was beaten to the point of economic collapse in 1992. At this point in time, British Muggle society is facing rapid economic recession and deflation.

Just when the German Muggle society was facing inflation and had to raise interest rates, the British Muggle society needed to increase inflation because of economic decline. Therefore, it was urgent to lower interest rates at this time to stimulate the economic recovery of their own society.

The conflict arose at this time. In order to maintain the "European exchange rate system", the UK must maintain a very high exchange rate and interest rate like Germany, which made the UK face a dilemma.

According to Mundell's trilemma, (that is, under the condition of an open economy, the independence of the country's monetary policy, exchange rate policy, and free circulation of capital cannot be realized at the same time, and at most two goals can only be satisfied at the same time, and the other goal needs to be given up To achieve the purpose of regulation), on the premise of maintaining a stable exchange rate and free capital flow, the UK still wants to maintain high interest rates, which itself is an impossible thing to do.

And Jon knows that the representative of the German black wizard, George, is betting that the British Muggle government cannot maintain the three at the same time, but must give up exchange rate stability and withdraw from the European Exchange Rate Mechanism. At that time, the British currency, the British pound, will collapse. fall.

Jon doesn't know that much about economics, but one thing is clear.

If the economy collapses, it will inevitably cause social panic. At that time, the British wizarding world, which relies on the Muggle society, will become a large sieve, which will be infiltrated by those dark wizards and fall apart.

"That's the real disaster!"

Jon sat by the window and murmured.