Gringotts underground council chamber.

Leos raised his head, looking at the goblin queen standing on the central stone platform.

In a daze, he seemed to see that short Muggle, that cannibal king from Kohgasi, two hundred years ago.

Gringotts Wizarding Bank relied on that investment to establish its foundation in the human world, even wizards could not easily eradicate goblins—the goblins' industries spread like plant roots into Muggle banking, intricately intertwined, forming an unbreakable network.

"So, this is a 'grand' war bond..."

Leos took a deep breath, his wrinkled, aged face suddenly bursting with fierce pleasure.

"Unlike before, this time we are not paying with Galleons, cannons, or bonds, we are directly handing over the capitalized key of the human world to the magical government, and what Gringotts Wizarding Bank gets is an unrestricted entry ticket to the new world, and a completely safe position as an observer."

The International Statute of Wizarding Secrecy was established in the seventeenth century, precisely at the time when Britain began the Industrial Revolution and entered the era of capital.

Therefore, unlike Europe, where capital penetration is severe, the magical world is still in a rather primitive and deformed social state.

"This is a dual acceleration of reform from top to bottom and from bottom to top, from government to production—"

Ellina nodded slightly, raised her right hand, and casually snapped her fingers.

The cold underground council chamber suddenly lit up.

Potion processing factories, new flying broom factories, magical sanitary napkin factories, magazine printing factories, mass-produced wand factories...

With the investment of Gringotts Wizarding Bank, and the joint efforts of Destiny Group and the Hogwarts Institute, the original scattered small workshop processing model in the magical world began to evolve rapidly. The road that the non-magical world took four hundred years to complete may be completed in four years with the catalysis of magic.

On the other hand, the Ministry of Magic, which has obtained the right to mint coins, is equivalent to formally changing from a "loose law enforcement body" to a legitimate government.

"Goblins are not suitable for the backward era of barter and scattered transactions—"

Ellina looked around, and said slowly and calmly, her voice containing a certain flame.

"Under the current social environment of the magical world, the decline of goblins is unavoidable—the only way out for Gringotts Wizarding Bank and goblins is to change the rules of the world, let the wizards reach the world dominated by capital, and become that invisible hand above the clouds of the new world."

"I understand, after those wizard masters arrive, we will complete all the handover work according to your will!"

Leos couldn't help but laugh. Although he felt a little heartache about giving up the right to mint coins, as the legend of the former venture capital department, he knew very well how freely goblins could live under the rules of capital. Not to mention, he could also take the opportunity to deal with those traitors...

"But, Your Majesty, aren't we giving up a bit too much?"

Just then, Douglas, who had been watching coldly, suddenly spoke.

The middle-aged goblin flipped through the documents in his hand, his thin, bluish-black fingers thoughtfully stroking the top.

"The right to mint coins alone is fine, but if we want to obtain global bookkeeping rights, then we must gradually give up and transfer the factories and industries held by Gringotts. While this can allow goblins to be completely neutral, it will also make Gringotts have little say in the competition for 'magical capital,' and may even lead to some Gringotts expenses having to be paid by wizards. Isn't this price too..."

"First of all, goblins must never become capital oligarchs, that is tantamount to digging our own graves—we are fair and trustworthy recorders."

Ellina glanced at Douglas and explained without thinking.

"Then..."

Immediately afterward, she slowly raised her second finger, and said with a meaningful smile.

"You're right, as time goes by, Gringotts Wizarding Bank and the goblins will gradually give up all means of production. Gringotts and the goblins will integrate into the magical world as accountants, auditors, tax agents, lawyers... all kinds of financial gears, becoming one of the employees of the capital government."

"Then we can control the scale, make it a little less noticeable, so that we don't have to give up everything..."

Douglas frowned, constantly calculating costs in his mind, weighing the approximate balance point.

As the CFO of Gringotts Wizarding Bank, his responsibility is to help the Goblin Queen refine and perfect the details under those big frameworks.

"Oh, no, it must be all—"

Ellina waved her hand gently, and said firmly.

Her gaze fell on the stunned Douglas, and she asked softly.

"Douglas, do you know what is the business with the highest return on investment in this world?"

"Hmm..."

Douglas thought for a moment, looked at Ellina, and replied thoughtfully.

"War? Or rather, participating in a large-scale revolution that can rewrite the rules and change the social structure?"

"Close enough," Ellina shrugged indifferently, "Then, what way can be more profitable than launching a revolution?"

What investment...

Can be more profitable than re-formulating social rules...

More profitable?!

Douglas was stunned and subconsciously looked at Leos beside him.

However, even Leos could not give him any answer this time.

The old goblin also frowned, looking at the goblin queen not far away with a puzzled expression.

"It's very simple—"

The corners of Ellina's mouth turned up slightly, blooming into a bright smile.

"Two revolutions. The capitalized world is not the end... The goblins' shackles are not just Galleons. If the goblins and Gringotts want to break the second shackle, then they have to give up those tempting 'means of production' and first add a shackle to themselves."

Means of production?

The capitalized world?

Douglas keenly captured the recurring words in Ellina's words.

He seemed to have seen these descriptions and statements somewhere before.

If his memory serves him correctly.

It should be in...

"Wait, you don't want to..."

The middle-aged goblin suddenly widened his eyes, looking at Ellina in disbelief.

Douglas suddenly remembered the heavy snow last Christmas and those potatoes that had turned into waste paper.

As the exclusive owner of global bookkeeping rights, a completely independent third party that does not occupy any capital production resources and has no vested interests, objectively and fairly assisting and supervising the operation of the magic market, is there any problem with this in the financial structure? Of course, there is no problem at all!

Under this theory, the goblins' income will be allocated from the financial and tax expenditures of various countries' ministries of magic.

Okay, in the eyes of many goblins, perhaps this will turn them into servants and employees attached to the wizarding regime.

But Ellina prefers to use another word to describe the temporary transformation of the goblins:

Special... proletariat.

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Hooray!

This chapter counts as yesterday's third update!