Harry Potter Universe - Economy

Economy

A fictional system of currency is used by the wizards of the United Kingdom. The currency uses only coins as the units of account. It is based on three types of coin; in order of decreasing value, the gold Galleon, the silver Sickle, and the bronze Knut. Wizarding banks provide money-changing services for those with Muggle currency. The only reference to a bank in Harry Potter is Gringotts, which is located on Diagon Alley in London and has hundreds of vaults. In these vaults, a person can keep whatever he or she wants (like a security vault). Hagrid indicates that wizards have "just the one" bank.

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Famous quotes containing the word economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)