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Chapter 1059 Magic Market Supervision Administration

“Liberating…consumption and productivity?”

Dumbledore and Grindelwald looked at each other and saw the confusion in each other's eyes.

As representatives of the top of the wizarding world, they may have sophisticated experience in human sophistication, magical strength, and social education, but their shortcomings are indeed in the financial field. The wizarding world has been missing a gap for centuries, and it cannot be filled overnight.

For quite a long time, wizards have never cared about the superficial calculations and flows behind those gold galleons. They only focus on the results.

Perhaps, only little one like Elena can understand the meaning of those goblins' words.

"I'm a little confused. Gringotts Goblins gave up the right to mint coins, right?"

"That's right."

"And for the sake of transparent and fair accounting, after this, they will gradually change from industry owners to employees of wizards?"

"Obviously, whether it is accounting, auditing, taxation... these basic positions are very suitable for goblins."

"So……"

Grindelwald frowned and tapped his fingers on the table.

"If I understand correctly, even if there is more money in the market in the future, Gringotts will not be able to profit from it as it did before. As for what you said about expanding production and introducing a more diversified consumer market, I am even more concerned about these places.

I don’t understand the meaning…”

"They...have paid so much, what can they get?"

The greedy and profit-seeking nature of Gringotts Wizarding Bank is the imprint engraved on every gold galleon.

Grindelwald would not be so naive as to believe that the goblins suddenly turned into house elves who regarded money as poison overnight.

Elena's status in Gringotts certainly has some military factors, but if she wants to command the fairies smoothly and exercise power like a real "Fairy Queen", then Elena must have a deeper "interest"

The goblin was impressed.

"Quite simply, social value and social status and, of course, their legitimate interest in individual wealth."

Elena spread her hands and answered quickly without thinking.

Gazing across the two old wizards who looked increasingly confused, Elena's eyes flashed with a hint of cunning, and she continued to explain unhurriedly.

"When we talk about elves, people often unconsciously think of elves as a whole. This is just like unless there is a clear assignment of work content, when we instruct house elves, we usually directly refer to their race.

name rather than an individual name."

"Actually, if we look at individual goblins, they will obviously value personal wealth compared to group wealth."

"As the identities of the goblins in the Gringotts Wizarding Bank change, their individual efforts and income will settle more clearly."

"These changes seem big, but the wizard did not take away a certain goblin's personal assets. It would be like selling Hogwarts to Durmstrang one day, just to give an example. If you really

If you mind, then let Hogwarts acquire Beauxbatons instead..."

Elena glanced at the principal, who was murmuring on his lips as if he wanted to say something, and calmed the old man's emotions with a cute and obedient expression.

"Whether it's for Beauxbatons or Hogwarts students, as long as there is no increase in homework, it's not a big problem."

"So, the only person who may suffer losses is the senior management of Gringotts..."

Grindelwald nodded thoughtfully, with a dangerously satisfied look on his face.

"And as far as I know, after these months of 'communication', those stubborn old fairies shouldn't object anymore, right?"

"That's right. As for social value and social status, it's easier to understand... Also, you don't need to emphasize it."

Elena glared at Grindelwald with an annoyed look.

After such a long time, the old devil still has not given up on his plan to cultivate the devil's successor.

"Only with the prosperity of wizard civilization and market economy will there be more demand for accounts and economic activities."

"The industrial structure of Gringotts Wizarding Bank in the magical world has always been quite deformed, lacking normal loans and investment activities. This is simply unimaginable in the non-magical world. If the magical world can open up a free trade market, and

If we gradually expand the consumer base, it will obviously be more attractive to both Gringotts Wizarding Bank and the goblins than the rigid and monotonous savings exchange business."

"Wait a minute, expand the free trade market, I can generally understand this..."

Dumbledore cleared his throat and looked at Elena with some confusion, his watch gradually became serious.

"But gradually expand the consumer base... You should be very clear about the size of the wizarding world's population. Even the wizards all over the world combined may not be able to compare with the ordinary people faced by the British non-magical community. International Federation of Wizards

Magical products will never be allowed into the Muggle world."

"What if it is an ordinary Muggle product that wizards are responsible for producing and processing, but have no magical power? For example..."

Elena raised her eyebrows, glanced at the wool socks exposed on Dumbledore's ankles, and continued with a slight smile.

"Purely handmade, high-precision Scottish wool socks, or carefully scented harmless soap, or high-quality Scottish large potatoes grown in magic greenhouses... As long as the magic government is reviewing the production qualifications, the products will leave the factory.

Just put more effort into the review. The industrial production line that wizards participate in has too many advantages. As for the after-sales risks, there are Mr. Weasley and the others..."

Different from the focus on Gringotts Wizarding Bank, Elena had already thought about how to deal with Dumbledore before leaving Gringotts.

Before the arrival of the era of universal magic, the poor population base of the magic world was an important issue restricting the capitalization of the magic world.

Therefore, if the "applied magic" and "industrial magic" of Hogwarts Institute, Humanity Survival Guarantee Agency Apokalis are to be promoted in the civilized world by relying on physical carriers, then with only a meager magic population

The word "civilization" cannot be supported at all.

The birth of the magic industry product classification system is inevitable.

In fact, the meeting process for the establishment of the Magic Market Supervision Bureau has been passed.

If nothing unexpected happens, the Ministry of Magic will announce the establishment of a new department in the newspaper at the beginning of next month at the latest.

The Magic Market Supervision Bureau is under the temporary International Magic Cooperation Department. Since the work of the Magic Market Supervision Bureau is not clear, at the beginning, the work here was mainly done by Barty Crow, the director of the International Magic Cooperation Department.

Mr. Qi is in charge.

After all, before this, the only trade-related department of the Ministry of Magic was the International Magical Trade Standards Association of the Department of International Magical Cooperation.

"Open free trade? Is this what the goblins want?"

Dumbledore glanced at Elena and shook his head with a dumb smile.

"Honestly, you may have to think of other ways. The Ministry of Magic and the International Federation of Wizards are not so easy to convince."

"Of course there are other ways, well, I mean situations that don't violate the International Statute of Secrecy."

Elena shrugged her shoulders and counted carefully on her fingers, "House elves, centaurs, murlocs, trolls, harpies...there are many intelligent species in the magic world, right? I checked it out specifically.

The Ministry of Magic’s document on the definition of ‘person’ and Fantastic Beasts and Where to Find Them, if we don’t just focus on wizards and look at the real magical world, then the size of the magic market is still very large.”

"Uh, house elf?"

"Yes, house elves have no salary and no consumption concept. But if it is the master's task, it will be different."

Elena said seriously, taking out a financial report from her chest and placing it on Dumbledore's desk.

"You should also be aware of the 'round-faced fat chicken takeout' service during last summer vacation, right?"

"The house elves at Hogwarts earned as much as the entire school teacher's salary this year in two months."

"Since the house elves in Hogwarts can go out to work, why can't the house elves in other wizarding families go out to work? And when you work, you have to pay, and this is paid to the house elf owner... right?

"

"Then, if we let the house elves work, and let them use the rewards to buy food, cleaning supplies, and daily necessities."

Elena shook her fingers, her delicate and lovely face shining with a demonic capital.

"On this basis, there is even a high probability that house elves will trade. When investment becomes an option that can create additional wealth, some wizards will start to consider the return ratio, and we can also gradually increase it and divide the house elves into

An elf’s reward.”

"Look, the scope of the magic market has suddenly expanded a lot?"

"In addition, there are too many intelligent species. Goblins are responsible for accounting and supervision, and wizards are responsible for formulating..."

"Ahem"

Before Elena could finish speaking, Dumbledore cleared his throat.

He glanced at Elena with a complicated expression.

Even though he didn't fully understand the world Elena described, Dumbledore still felt a little creepy deep in his heart.

Compared with this cute and well-behaved "Fairy Queen", the cunning, cruel, and shrewd fairies of Gringotts Wizarding Bank are as innocent as newborn babies. No wonder that Gringotts Wizarding Bank, which has lasted for thousands of years, will be transformed in just one year.

It fell into her hands over the years.

The more critical thing is that Dumbledore doesn't even know if this child has a more terrifying plan.

For no reason, Grindelwald's previous warning inadvertently resurfaced in his mind.

if……

What if Elena, when choosing to take sides, stood on the opposite side of the wizard?

So how huge are the non-wizard forces she has influenced, and how huge are the enemies in the wizarding world.

Dumbledore doesn't want Elena to have the identity of "Elf Queen", and then there will be several more similar to "Elf Queen", "Mermaid Princess", "Charming Queen", "Giant Conqueror", "

The title of "White Wolf King"...

Judging from past experience, the possibility of these things happening is not small.

"The house elf, well, let's talk about it later..."

After Dumbledore was silent for a moment, he rubbed his swollen eyebrows and asked softly.

"You just said, open the free trade market, right?"

"Tomorrow I will go to the Ministry of Magic and the International Federation of Wizards to discuss it, and try to persuade them to pass some 'magic factories' for Muggles first. And from your point of view, we will start the pilot from that Muggle city

It would be more appropriate..."

Great!


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