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Wizarding economy revisited

Discussion in 'Fanfic Discussion' started by Taure, Nov 11, 2017.

  1. FriedIce

    FriedIce Seventh Year

    Jun 9, 2013
    Why don't you just have the £5 to a Galleon a subsidised exchange rate to allow Muggle Borns to buy their stuff for Hogwarts. Stick a cap on it per year and the magical economy that Taure built works even with the exchange rate
  2. Sesc

    Sesc Slytherin at Heart Moderator

    Dec 20, 2007
    Hbg., Germany
    I mean, you could, but is that necessary? The main purpose of the exchange rate is for authors (and readers) to have a feeling for the prices anyway, not so much economical relevance. And as the £17 to a Galleon exchange rate, for that exact reason, is set precisely in such a way that the pricing level (taking into account the different economies) mirrors the (current) Muggle one, you wouldn't need subsidies. Compare:

    £170 pounds birthday money, her parents are both dentists. IMO, fair enough. No?