Chapter 61 Gringotts never does business at a loss
at the same time.
Deep in Gringotts, there is a very large office with gorgeous decorations.
Although the Gringotts Wizarding Bank located above has closed its operations for today, judging from the bustle and noise in this office, it is obvious that for the goblins here, the general working hours mechanism of the wizarding world does not fully apply.
In fact, this busy situation has lasted for almost two weeks since the 20th of last month.
Dozens of goblins were gathering around a long wooden table and discussing something excitedly. Above the wooden table, scenes with a somewhat distorted color flashed from time to time. On the other side, there was a row of mahogany desks neatly arranged.
, on every wooden table there is a goblin wearing framed glasses, who is calculating and processing paperwork.
Located on the innermost floor of the entire space, there are three separate independent offices. From time to time, you can see fairies entering or leaving them respectfully. Through the gap between the door opening and closing, you can vaguely see that the space inside is not too small.
The young goblin walked back and forth quickly among them.
"Oh my God! The ruble has dropped another 7 points against the dollar."
"Last, please tell wizard banks everywhere to lower the ruble exchange limit."
"In ten minutes, I want to see the current Muggle black market exchange rates!"
"That group of goblins in the American Division refused to join the meeting. Damn it, I swear they must have noticed something."
Amidst the bustle and noise, accompanied by the crackling sound of the Apparition, Serkis, the goblin who had had a relationship with Elena before, appeared at the entrance of the office. His originally dark face looked a little funny because of panic.
"Bad news! Very bad news!"
Under the gaze of all the goblins, Serkis stumbled straight into the independent office in the middle.
"Oh, no, no, no, young man, take it easy. Didn't your father tell you that unnecessary panic will only make the Galleons slip away faster?"
In the office, a middle-aged elf sitting on a black swivel chair turned around, calmly snapped his fingers, and an empty wooden chair moved behind Serkis.
"The reason why I transferred you from the sales office is not just because you were lucky enough to receive this big order. I hope that the new blood from the front line can guide us to some blind spots that we have not thought of before."
"Mr. Douglas, in five days, the Soviet government will make a resolution to discuss whether to recognize the independence of the three union republics of Estonia, Latvia, and Lithuania."
Serkis wiped the sweat from his forehead and said eagerly.
"Hmm, it's indeed bad news. I remember Lu Lun said before that the exchange rate between rubles and gold galleons will be further lowered starting tomorrow, right?"
The middle-aged elf named Douglas curled his lips in disbelief, turned his head and shouted to a female elf on the other side of the office.
"Yes, Mr. Douglas. Ever since the news came from Azerbaijan the day before yesterday that it was preparing for independence, we have been recalculating."
The female goblin in professional attire adjusted her glasses, stood up and said respectfully.
"Very good, according to the original plan, the preparation value will be reduced by another 5%."
The middle-aged goblin nodded with satisfaction, took out a thick cigar from his arms, rubbed it gently with his pointed fingers, and a magic spark popped out to ignite the cigar. He took a deep breath and exhaled a cloud of white smoke.
.
"Then, young Serkis, let me guess what you want to say...about the validity of the mortgage contract at Hogwarts? Or will the depreciation of the ruble put us at Gringotts in a bad position in the payment of the contract?
Unfavorable position? Or maybe you want to know whether we have enough ruble loans as a hedge? You don't want us to actively interfere and influence the Muggle government - you know that although the Soviet Union's Ministry of Magical Internal Affairs seems loose,
They are much more difficult to deal with than the gentlemen at the British Ministry of Magic, and we don't want to provoke them."
"No, Mr. Douglas, I heard..." Serkis said, looking at the other busy goblins in the office, looking a little hesitant.
"If you have any questions, just say it directly. There are no betrayers in the entire Gringotts Venture Capital Department because we have no competitors."
As the most outstanding financial rookie in Gringotts in the past century, Douglas, one of the three directors of Gringotts' venture capital department, cannot say that he has 100% control over the members of his department, but he is definitely the most outstanding party in Goblin Bank.
Countless goblins are squeezing their heads to join Douglas's venture capital department, not only because of its high salary, but more importantly, this kind of job that uses huge amounts of money as a bet in the game is simply too much for the goblins.
It is the most alluring drug in the world.
Andy Serkis swallowed his saliva and carefully glanced at the goblin supervisor in front of him.
"I heard that regarding the mortgage of the real estate certificate, Gringotts did not obtain rubles from the Muggle bank in accordance with the actual contract, but went beyond this step and directly paid them the currency type they requested. In other words,
Once the ruble depreciates, we will directly suffer losses."
"It seems that I need to re-evaluate your information channels. Yes, but what you said is not entirely correct."
Douglas narrowed his eyes, changed to a comfortable position and continued to lie on the swivel chair, flicking the cigar in his hand, "Without this step, Gringotts can earn more than 50 million galleons out of thin air from this business activity.
The handling fee. Because of this, so far, strictly speaking, we have not incurred a loss."
"Go on, tell me something I don't know."
For Douglas, the greatest pleasure is no longer simply earning Galleons, but cultivating outstanding goblin analysts one after another to ensure that Gringotts can continue to maintain its unbreakable reputation in the long years to come.
moving position.
"What if the ruble continues to depreciate? Our losses will continue to expand. Even including various handling fees and high interest rates, according to my calculations, it will take another month at most..."
"You don't need to tell me these things. As you can see, we have a calculation team of more than fifty people. Before you calculated the results, they had already handed the report to me."
The middle-aged goblin waved his hand impatiently and directly interrupted Andy Serkis's words.
"Boy, let me teach you a truth for free. All profits that cannot be cashed out, no matter how much, are fake! We have enough time buffer to increase the handling fee for gold galleons to be exchanged for rubles, and to limit the exchange limit for rubles in the magic world.
."
Douglas slowly exhaled a puff of smoke and shook his long cigar, "We have never ignored the possibility that the wizard will succeed in shorting the ruble. To be precise, from the beginning, our purpose was no longer in the short term.
Gains and losses. What we need is compromise and cooperation from the British magical community, or the most magnificent magical creation in the history of human magic."
The long period of time not only taught the Gringotts goblins their financial acumen, but also gave them enough patience.
Most of all the impatient goblin groups were wiped out in the long river of time one after another with the goblin rebellions. Only Gringotts will always exist in the magical world and maintain its transcendent status.
Dozens of goblin elders and hundreds of goblin analysts are studying the forms of the entire magical and non-magical world all the time. They are all over Europe. The power of Jin Gallon allows them to always stand victorious at the right time.
the party of the beneficiary.
The gains and losses of money in the Muggle world are not a big deal at all to the goblins who control a large amount of gold reserves. Magic, only magic, is the key point that can leverage all unconventional financial systems, and this is also the goblin
What I have always wanted to touch.
"Okay, it seems you didn't bring me any surprises. Lord Leos went to Hogwarts half an hour ago, and he must be on his way back now. If they are stupid enough to terminate the contract, then we
will be completely freed from constraints. If not, then this contract has never deviated from our vision."
Douglas glanced at the silent young goblin, glanced at his mouth without interest, waved his right hand, turned the back of his chair to face Serkis, signaling that it could leave.
"What if the Soviet Union disappears overnight and the ruble turns into waste paper? Then will our exchange blockade mechanism still work?"
Andy Serkis gritted his teeth and couldn't help but asked loudly.
To be precise, this is not its idea, but a madman-like conjecture that Gallywix made when discussing the astronomical mortgage contract with it at night some time ago.
"Hey, kid. Study more human history."
Douglas let out a disdainful sneer, not even wanting to turn around and speak.
"For such a powerful alliance as the Soviet Union, even the entire magical world combined cannot destroy it within a year. Don't underestimate the Muggles. According to the calculation results of the entire Gringotts Think Tank, one
The probability of destroying the Soviet Union within a year is even lower than a major earthquake directly destroying the entire Soviet Union."
"Restrict the ruble exchange, control the exchange rate adjustment, and the first payment time of the mortgage contract is only one year. Tell me, young Serkis, how can Gringotts lose in this commercial trade?"
Although he was just sitting in the office, Douglas's words revealed an aggressive edge, just like the general who commanded the goblins to resist on the battlefield hundreds of years ago, making Andy Serkis unable to think of any refutation.
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Gu Gu Gu~
These chapters are relatively dry, difficult to write and not enjoyable. Many fat chickens may have a headache just reading them.
I have been debating for a long time whether I should publish this chapter today, or whether I should write the complete plot in one breath tomorrow and the day after tomorrow...it feels so uncomfortable~