Gringotts Wizarding Bank is not a very large central bank in the traditional sense.
In the wizarding banking industry, Gringotts has no competitors and is a complete monopoly.
The goblin is also responsible for minting the Galleons, Sickles and Nat coins used in circulation, and determines their inflow and outflow quantity and time.
According to Elena's in-depth understanding these days, Gringotts Bank is not only the only wizarding bank in the UK, but also the only "official bank" in the world that can handle cross-border settlements. At least in the eyes of wizards, goblins almost control the world of magic.
financial world.
However, strictly speaking, Gringotts cannot be regarded as a complete enterprise as a whole.
At least until then, Gringotts Wizarding Bank was more like a large banking consortium.
For example, Gringotts Wizarding Bank in London should actually be recorded as "Gringotts Wizarding Bank (UK headquarters)".
Correspondingly, there are "Gringotts Wizarding Bank (Russian Branch)", "Gringotts Wizarding Bank (American Branch)", "Gringotts Wizarding Bank (Germany Branch)"... They are almost the same.
In a parallel relationship, the British side was previously more of an honorary headquarters.
Of course, that was just the past - the situation before the supreme Fairy Queen officially ascended the throne and was crowned.
The disintegration of the Soviet Union almost swept Gringotts Wizarding Bank all over the world, and no goblin could survive the catastrophe.
The storm stirred up by Elena was trapped under the fission of capital, and it was not just the British branch of Gringotts Wizarding Bank that was trapped.
The annexation plan for Gringotts, like the deadliest virus, spread crazily from London, England, and the merger and integration was quickly completed in less than half a year: the Fairy Queen's coldness, shrewdness, cunning and cruelty, in this
It was demonstrated vividly in the process.
Just like the performances in countless works of later generations, the most bloody and cruel games among the Gringotts goblins are mostly bets with lives on the line.
Perhaps at other times, they may use their wisdom and experience to win.
However, in the biggest black swan event in human geopolitics, and under the suppression of financial theory that surpasses the current era for decades, almost all branches of Gringotts Wizarding Bank have experienced the most terrifying bloody purge in a thousand years - not to mention
, Elena also controls the most dangerous wizard "mercenary" in the world today. All fairies who cannot restrain their greed will eventually surrender to the Fairy Queen without exception.
On the other hand, Elena's vigorous expansion and centralization of power is exactly in line with the long-standing wishes of the fairies:
In blood and gold galleons, the glory of the fairies is recast and Gringotts is great again.
"…No one has any objections?"
Elena looked around the quiet underground meeting hall and frowned slightly.
It was obvious that what she had been worried about finally appeared.
The iron-blooded and cruel centralization of capital will inevitably obliterate other voices while accelerating the internal integration of Gringotts.
Or... courage.
Even if it is the proposal to give up the "coin rights" that challenges the bottom line of the Gringotts Goblins, none of these newly promoted senior leaders have the courage to stand up and question it. The capital skills she has shown during this period have completely destroyed her.
gained the confidence of the goblins.
Unless she makes a fatal mistake, almost no goblin would dare to question her in public or even ask her questions.
"Okay, if there are no questions, then we will start executing directly..."
Elena shrugged her shoulders noncommittally, preparing to announce the end of today's meeting.
"Sorry - I object -"
At this moment, an unexpected rickety figure suddenly stood up.
"Huh? Leos...elder?"
Elena raised her eyebrows and made a nasal sound of unknown meaning.
This was not something planned in advance, at least not by her.
In the general meeting of goblins, he had only one reason to stand up at this time.
"I have doubts. Your plan is very clear and the reasons for reform are very good. However, problems will arise between the old and new systems. Gringotts Wizarding Bank may not be able to withstand failure and may even cause the goblins to be destroyed. Have you considered these?
Risk response?”
As a hero who supported the "Advent of the Queen" and a traitor to the Goblin Council of Elders, Leos is considered a lackey of the new Queen in the eyes of the goblins.
In fact, had it not been for his rebellion, perhaps the collapse of Gringotts Wizarding Bank would not have been so rapid and complete.
At least the surrounding Gringotts branches still have some reaction time, so they can do some analysis and resist.
It would not be possible for Her Royal Highness the Queen to be caught off guard.
If we say that Douglas, the current chief financial director of Gringotts Wizarding Bank, is one of those who bet on the right thing.
So Leos, who betrayed the interests of the Gringotts Elders in advance, took the initiative to help Elena eliminate internal opposition, and deceived other Gringotts Wizards Bank into a trap, was a thorn in the flesh of most goblins, even more so than
The American goblins who betrayed Gringotts.
Even though Elena's position is becoming more and more stable, the goblins' hatred and disgust for Leos have not faded at all:
Most of the "clearance" operations were almost all proposed by this old guy and personally led by the team to execute them.
Therefore, when Leos took the initiative to question Elena, a chaotic commotion suddenly sounded in the meeting hall.
"Unbearable failure? Destruction of the goblins? I thought I wrote it clearly in the document..."
Elena narrowed her eyes and looked at the old goblin not far away with interest.
You know, just a few months ago, it was this thirteenth goblin elder who first betrayed the entire Gringotts Wizarding Bank, ushered in an absolutely dictatorial queen for the goblins, and devoted everything he had to helping her stabilize the situation.
, eliminate opponents and clear obstacles - even Douglas and Gallywix, her right-hand men in Gringotts, were all personally sent to the pirate ship by this old guy.
As Leos took the initiative to speak out, several middle-aged and elderly fairies stood up in the underground meeting hall.
However, most of the goblins still sat there silently and watched.
There were even dangerous gleams in the eyes of many goblins, staring at Leos' face cruelly and expectantly.
"The power of minting is not qualified for goblins to control -"
Elena said calmly, not showing any surprise at Leos' "betrayal".
"If you don't hand over this thing, then sooner or later the goblins will be annihilated. It's just a matter of time. Is there a problem?"
"So it sounds like this is an amount payable, and we have to pay it off sooner or later, so--"
Leos took a deep breath and let out a breathtaking chuckle, his rickety figure casting a shaky black shadow in the light.
"As the supreme Fairy Queen, if you choose to settle it in advance, what kind of benefits can you get for Gringotts and the fairies? Gringotts never considers life and death. We only see an exchange of interests, and this transaction is finalized
… Seems like a pretty bad deal.”
"What's worse is that this bill... will never be paid until the goblins become extinct."
Leos held his cane and raised his head. There was a trace of crazy determination in his old and hoarse voice.