Questions: Dumbledore as student, other magic schools, Potter money, Muggle money exchange

[annemehr <annemehr@yahoo.com>]

No: HPFGUIDX 49553

--- In HPforGrownups at yahoogroups.com, Alexander <voldemort at t...> 
wrote:
>   Greetings!
> 
> > annemehr wrote:
> 
> aayc> I am proposing a Wizarding import business. Any Witch
> aayc> or Wizard who had both business talent and exposure to
> aayc> the Muggle world growing up (and thus enough
> aayc> familiarity with it) could establish a prosperous
> aayc> "front" business in the Muggle world. They would
> aayc> exchange wizard money for muggle money at Gringott's
> aayc> and place orders with Muggle farmers and suppliers
> aayc> with it for raw goods such as food, lumber, brass,
> aayc> etc., then sell it to wizarding artesans and grocers
> aayc> wholesale where it enters the wizarding economy. Part
> aayc> of the profit then goes back to Gringott's for more
> aayc> Muggle money.
> 
>   Muggle money that enter the WW economy because of payment
> for school books are definitely not enough, though. For this
> system to function, there needs to be a flow in the opposite
> direction as well: Wizards producing something to be sold in
> Muggle World. And a fairly large business this must be.
> 
>   I completely agree with the theory, but we still must find
> some proofs that Wizards are selling something on Muggle
> market.
> 
> Sincerely yours,
> Alexander Lomski,
> Gryffindor/Slytherin crossbreed,
> great supporter of McGonagall/Crookshanks SHIP.
> 
> -----
>   "One must be a complete paranoic to search for a hedgehog
>   on the top of a fir-tree."
>     (P. Shumilov)

You know, I think you are right.  As far as we know, the only Muggle 
money that enters Gringott's is for Muggle-borns' school supplies.  I 
can't think of any other reason for it -- well maybe a small one.  In 
Muggle-Magical marriages with magical children, it may be that the 
Muggle partner's job is contributing enough of the family income that 
they need to change Muggle money at Gringott's.  Still, that would not 
add much more, would it?

I just had another thought, though!  I areas of the world where there 
are precious metals and gems to be mined, they send the nifflers in.  
British wizards buy some of this with wizard gold and sell *that* to 
muggles, thus providing another source of Muggle money!

I think this could work.

Annemehr