Chapter 351 Why the Economic Crisis Cannot Be Resolved
"What are you talking about!! What are you talking about!" Carl's face changed immediately, and he looked at Grindelwald with an extremely serious expression.
"Please be careful with your words sir. I have never done anything illegal in the British wizarding world."
"Everything I did was in compliance with regulations and laws. It was the damned Peter Pettigrew who committed the robbery at Gringotts Bank."
"I have nothing to do with Karl Hohenzollern. Please don't compare me with that ugly guy. Your words really make people sad."
Grindelwald felt a little embarrassed after hearing this. He thought he was quite thick-skinned.
But compared with the kid in front of me, I even seem a little immature.
He had no choice but to calm down and speak in the calmest tone possible.
"Okay, let's just treat what I just said as drunken talk and get back to the issue itself."
"How do you plan to make the British Ministry of Magic willingly hand over their assets to you?"
"From what I understand, Mr. Cornelius Fudge has been badly cheated by you, especially the pension plan you tailored for them."
"They lost all the money they had embezzled through hard work. Many of them have a hard time recovering their principal."
“At least try to live to over 400 years old.”
"What you said is still not rigorous enough." Carl's expression was still serious. He sat up straight, like a professional agent meeting with a client.
He stretched out a finger and said calmly.
"You make it sound like I'm not a good person. The service I provide to customers is the most professional."
"Although the returns of their fund service plan are very slow, it is very stable and has very low risks."
"Believe it or not, within two months at most, they will thank me with tears in their eyes for saving their property in this way."
"I believe it. I believe everything you say now." Grindelwald was a little impatient and urged.
"You haven't told me exactly what you plan to do, and it's getting late."
"Stop torturing an elderly man, my dear child."
"Look? You're anxious again." Karl frowned slightly, and his expression became more serious.
"It's an honor to be able to learn such important knowledge for free. How can you be so impatient?"
"Stop talking nonsense." Grindelwald completely exploded and roared in dissatisfaction.
"Your Mr. Diggory, who sleeps next to you every day, has never learned your knowledge. Why are you deliberately beating around the bush with me?"
"Children should learn to be tolerant, at least not be so vindictive. It was my fault that I tricked you before."
"I sincerely apologize to you, okay?!"
"I didn't ask you to apologize." Carl finally smiled again. He narrowed his eyes and looked at the anxious old man in front of him.
Said slowly.
“It’s actually very simple and doesn’t require any clever planning. You just need to tell them a story.”
"What story?" Grindelwald frowned slightly.
Hearing this, Carl used magic to fetch three empty cups from the bar and filled each of them with three cups of black coffee.
Then he pointed at the three cups in front of him and said.
"The current situation in the British wizarding world is just like the three cups in front of me. You can simply understand these three cups as."
"There are three types of representatives from the British wizarding world: the largest number of ordinary wizards, a small number of shop owners in Diagon Alley, and the bank I founded."
"The current situation for these three parties is that there is only black coffee in their cups, and this coffee represents their debts."
"These are intertwined. A owes B, B owes C, and C owes A."
"There is no liquid cash in the entire market, and these debts are entangled and cannot be untied. At this time, if there is a department, it just needs to inject some funds."
As he spoke, Carl took another empty cup, poured one of the cups of coffee into it, and then did the same with the other two cups of coffee.
Pour the coffee back into the newly empty cups, and after a dazzling trick, the three cups of coffee will circulate continuously in the four cups.
Then Carl used magic to maintain the trick of the four cups, pointing with his finger and speaking.
“In this way, the market will circulate again. Although the total amount of debt has not disappeared, the market will begin to circulate and value will be generated again.”
"It means that the capacity of the cup starts to get bigger and bigger, and the pressure of debt starts to gradually decrease. It's a very simple story."
"It suddenly occurred to me that some wizards' reluctance to integrate into the Muggle world might not just be because they feel they have magic."
"So they are more noble than Muggles, and it's more likely that they are afraid of getting along with Muggles."
"I was afraid they would sell me out, so I helped them count their money."
Grindelwald stared intently at the four cups that were constantly pouring coffee back and forth under the power of magic.
I couldn't help but shake my head and said.
"It seems that the books I have read before are far from enough. Adam Smith and Keynes, go to hell with them."
"Don't be so rude." Carl reminded with a smile, "The economic theory they created is still very valuable."
"It's a pity that they are economists, so they will never understand economics."
"Ah?" Grindelwald was stunned for a second, then asked thoughtfully.
"What do you mean by that? Isn't that how the problem is solved? At least for now, the problem is not that serious."
"You said it yourself. Now is not the time for a crisis. If the Ministry of Magic can come up with a considerable cash flow."
“We should be able to get through the current economic difficulties smoothly.”
"Yes and no." Carl nodded slightly, then suddenly shook his head slowly, with a helpless expression on his face.
He stretched out his hand and snapped his fingers gently, and the coffee pot behind the bar flew into his hand.
He shook the coffee pot gently, listening to the sound of the remaining liquid inside, and spoke vaguely.
"That's true in theory, but economic crises in this world never follow scientific theories."
"The root of it today, tomorrow and forever will be the greed in the human heart."
"What do you mean by that?" Grindelwald's expression turned serious.
Carl smiled silently, slowly raised the coffee pot in his hand, and poured more coffee into the four cups.
He said calmly as he poured it out.
"The reason is very simple. My previous theory must be based on a condition."
"That is, the three parties that received the funds from the Ministry of Magic should use them where they should be used."
"Ordinary wizards can use this money to improve their living conditions."
"Small shop owners use this money to settle bank debts and reduce their own debt levels."
"And our banks should keep this money as a benchmark fund to redeem the high-interest bonds on hand."
"And prevent future debt defaults."
"But what if they don't?"
"You know, in that financial market, there are countless financial products that exude an extremely tempting light."
Carl showed a mysterious smile on his face, and used magic to maintain four coffee cups.
As he continued to pour the coffee, he gradually lost his balance and some coffee began to spill onto the table.
Not long after, four coffee cups fell to the ground, and after a crisp sound, only fragments were left on the ground.
