Hey everyone welcome back. I’ve made a couple vids on money and wealth in the Wizarding
world, in particular why the weasleys were so poor, I still have no explanation as to
why that is my biggest viewed video to date. Anyway I’ve always wondered what the fixation
is on why wizards actually cant make money magically or conjure riches and basically
just live a life of luxury. JK Rowling has said that they are some things that magic
just cant do and 2 of those things are money and food. Bare in mind, magic was never meant
to allow someone to achieve immortality but Voldemort did that. In addition, there’s
no kinda, magical god who sits there deciding what can and cant be done by magic. JK is
the creator of the world so she’s fully entitled to enforce a “because I’m the
writer and I said so” rule because in reality, there’s no real logical explanation as to
why anything, any single thing or substance cant be magically created otherwise whats
the point of having magic in the first place. I mean if you can manipulate free will with
a love potion then surely you can make food or money? Doesn’t really make sense to me
but let’s just stay inside the wizarding world here and work out, within our limits,
why magic cant be used to make 2 incredible important items and let’s look at ways to
get around it and actually become rich. So nothing can be conjured out of thin air when
it comes to magic. You cant conjure food out of thin air and you certainly cant conjure
gold either however there is a form of magic called transfiguration which, from my understanding
and research, allows a wizard to transform an object into a different object of their
choice.
Then again, there’s no real clarity on what the substance of the the transformed object
would be.. For example, if I transfigure a cat into a plate, does that plate contain
the structure of a cat, or is the cat’s dna altered temporarily into porcelain. It’s
rather confusing if I’m honest. I don’t think transfiguration would be the way to
go in order to create money of food. I mean imagine transfiguring a piece of wood into
a cake, would it taste like cake? Or wood? What is the composition like? Is there a time
limit on how long the cake will remain in cake like state? What if I ate the cake and
it turned back to wood in my stomach? It just seems too complicated and I can see myself
going down a rabbit hole with transfiguration. There is of course Gamp’s Law Of Elemental
Transfiguration which actually dictate the the rules of transfiguration which basically
states that one cannot conjure something out of thin air and if they’re successful at
it, it will just disappear or vanish afterwards. It’s actually unknown what the full 5 exceptions
are but it appears at least that 2 of them are food and money. The law provides guidelines
for the conjuring of matter, explicitly food as I’ve mentioned and life that has been
taken by dark magic, life that has expired naturally, precious metals, money, and shelter.
I suppose there are some of you who would include "love" in the list, which isn’t
really something physical so for men I think it should be exempt. Regardless, it has been
established that these things cannot be created using deductive logic.
At the very least, the knowledge of how to accomplish these tasks has been withheld from
the general populace. It doesn’t mean that there isn’t ways to achieve these accomplishments.
It is possible that there are exceptions, however. The Sardine Hex is a 100% complete
clear example of food appearing to be conjured, though as Hagrid didn’t really do much to
explain how it works, my guess is he just didnt know. The whole area makes little sense
to me so let’s just rule that out. Oh and if anyone has more insight on transfiguration
in terms of the wood to cake issue then let me know in the comments below. Anyway let’d
move on to something that I think could probably work pretty well and that is of course, the
doubling charm which allows the caster to replicate an object as many times as they
wish. The charm is also able to act as a curse by doubling and tripling any item thats disturbed
by touch, as we seen when harry entered the vault of Bellatrix Lestrange to retrieve the
Hufflepuff cup. I suppose one really effective way to become rich in the wizarding world
without conjuring galleons or sickles would be to use the doubling charm on Muggle money,
put it in your bank account, keep doing it. Withdraw some money, exchange for Wizarding
money. Use Wizarding and Muggle money however you choose. It’s also important to note
that you're not exchanging the fake Muggle money. What you're actually doing is taking
the fake Muggle money to the bank and depositing it. Then you go to an ATM and withdraw the
amount you deposited in real Muggle currency which you exchange for real Wizarding currency.
The Goblins never touch the fake money and continuously exchange the real money for galleons
and before you know it you’ve built a mansion next door to the malfoys.
However it’s not the Geminio curse were talking about but just the doubling charm
as I mentioned. So This leaves a question on whether the substance of the material replicated
is the same as that of the original item. Even if it isn’t, the spell itself makes
it identical in weight and size so it should be pretty convincing even if its legitimate
quality is questionable. It also makes me wonder if this was the approach of the leprechauns
when they created leprechaun gold. It was a gold-like substance produced by leprechauns that
looks and felt authentic as regular coins, that had the unique quality of disappearing after
a few hours. Not many wizards and witches seem to have been aware of this fact, as shown
with the Ron Weasley. Although the coins seemed identical to ordinary ones, goblin experts
could differentiate them from ordinary coins, as Harry Potter, Hermione Granger, and Ron
Weasley overheard when they visited Gringotts Wizarding Bank in search of one of Lord
Voldemort's Horcruxes in the Lestrange Vault. There’s also the fact of what it
does to the magical economy. Here’s how I think it works from a personal standpoint.
The wizarding economy works like any normal economy. It is illegal to recreate and reprint
currency. It’s even more illegal to create counterfeit currency.
In times of economic crisis, countries would print more of their currency in order to compensate
for the massive downturn which would then devalue the money more and more until its
practically valueless, a process called hyperinflation. Take Zimbabwe for example, by November 2008,
their annual inflation rate sat at 89.7 sextillion percent. They printed paper money where as
the wizarding world’s currency was gold, silver and bronze. Can you imagine if wizards
were able to reproduce actual coins of those 3 substances, at their disposal. Everyone
would be rich, the value of galleons, sickles and knuts would plummet, it would be an absolute
disaster. To me, the wizarding world seems to have a stable but fragile economy, meaning
that even the smallest destabilisation would send them into a panic that would see them
make crazy decisions sure just look at how they reacted to voldmeort’s return, the
cover ups, the lies it’s such a weak poorly run government so I think they’d impose
the following restrictions. Gold cannot be struck in the form of a galleon unless sold
to Goblins for the minting process to be carried out by goblin goldsmiths. The same applies
to silver and bronze for sickles and knuts respectively. All money deposited into Gringotts
bank or used to pay for items will have a trace due to the extremely close similarities
between real goblin made galleons and leprechaun made gold. The only way its legitimacy can
be revealed is through an examination by a goblin.
There is of course only 1 proven way to create gold, real solid gold, made to last, no contradictions
or anything of the kind. How you may ask? Well once upon a time a frenchman who went
by the name of Nicholas Flamel came along and after decades of studying alchemy and
what I’m sure is many trial and error moments, he developed whats known as the philosopher’s
stone. The Stone could turn any metal into pure gold, and produced the Elixir of Life,
which granted immortality. Flamel used the Elixir of Life derived from the stone to extend
his and his wife Perenelle's lifespan for over six centuries which is absolutely incredible
but what I want to talk about is its ability to turn any metal to gold. The story goes
that the powder thats ground off the stone changes the amount of protons in any metal
to 79, which therefore makes it gold. Wealth and life, what person wouldn’t want that.
Well everyone, thats my video on why wizards cant use magic to make gold, money or food.
I extensively researched this video and trust me when I say, there was not much to go on
but we got a video together and it’s favourite type of video because I really wasnt sure
what I was looking for in terms of its structure. Anyway thanks for watching, I’m hoping your
having a great start to 2023, I’ll see you all for the next video..