Wizard Money Makes No Sense!

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  • Published on Oct 11, 2016
  • Today J discusses how money in the wizarding world of Harry Potter makes no sense, how money works and why we value gold?
    Have you ever spent way to much money on something?!
    Wizarding Currency :: harrypotter.wikia.com/wiki/Wizarding_currency
    Harry's Family History :: www.pottermore.com/writing-by-jk-rowling/the-potter-family
    Why We Use Gold :: www.livescience.com/32863-gold-best-element-money.html
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Comments • 9 063

  • Clara Auersperg
    Clara Auersperg 3 days ago

    and what happened to Lily's parents?

  • JH H
    JH H 4 days ago

    Arbitrage is not fraud

  • Hello
    Hello 4 days ago

    I thought galleon was 25$

  • Jana Amr
    Jana Amr 5 days ago

    Wait, If James father made a hair potion, then why did he not have some extra to give to his son? He could have made some more, made MORE money and given Harry and James SOMETHING to at least TRY to tame his hair at least a little bit!

  • Victoria Gaming
    Victoria Gaming 5 days ago

    I... lost my brain cells.

  • JWcubing
    JWcubing 6 days ago

    You know that back in the old days of English, the K was pronounced at the beginning of words. JK Rowling just wanted the pronunciation to be more traditional.

  • Lorilee Lusby
    Lorilee Lusby 6 days ago +1

    Our money is probably measured in oil now, instead of gold D:

  • Marost Bo
    Marost Bo 6 days ago

    Subed and smashed like

  • ZachAttack498
    ZachAttack498 7 days ago +1

    To be fair though, they don't say, this broomstick will cost you exactly $20.35 paid out in wizard money. They just say 2 gallons 10 sickles and 2 knuts.

  • Mary Cooper
    Mary Cooper 8 days ago

    One gallion is worth about five pounds or eight dollars

  • Shawn Lindsey
    Shawn Lindsey 8 days ago

    Your forgetting that wizard deal in Goblin Gold which probably have properties similar to Leprechaun Gold which makes it worthless too Muggle society. And given how goblin are towards treasure they would ruthlessly hunt down any wizard that would try and perform this type of fraud.

  • EJ Estonactoc
    EJ Estonactoc 8 days ago

    Harry could live in a mansion and he looks like a hobo, lucky ginny she gets married to him and leaves the life of a poor person behind.

  • Tuukka Gronholm
    Tuukka Gronholm 9 days ago

    Ou and the prize those omnioculars, have you ever bought anything at a huge sporting event? I can tell you the prizes at these kind of events aren't exactly reasonable.

  • Tuukka Gronholm
    Tuukka Gronholm 9 days ago

    1 galion is 7,25....when was that. Like what year?

  • Drake the donut Should we even try

    Harry’s grandfather was totally mentioned during the sorcerer’s stone

  • Emma Rose
    Emma Rose 9 days ago

    Am I the only one who pronounces Knut “kuh-NOOT”?

  • Highrise75
    Highrise75 9 days ago +2

    The omnioculars were bought at an international sporting event final the fact they only cost equivalent to $70 each is surprising

  • Jason Le
    Jason Le 11 days ago +1

    Oh your talking about Harry Potter not Fullmetal alchemist it took me some time

  • Emma Thurman
    Emma Thurman 12 days ago

    You spent the first four minutes in five seconds talking about math and how much a sickle and a Galion are in Muggle money

  • Emma Thurman
    Emma Thurman 12 days ago

    Math oof ahh I can’t 1+1=?

  • Daniel Gravdal
    Daniel Gravdal 12 days ago +1

    The sell galleons in gold weight to muggles does not work because the law of muggle protection, or whatever it is called. Anyway, the laws that restrict muggles to know anything about the wizard world. Muggles who bought galleons for its actual weight in gold would find out that this coins did not come from any muggle country, and wonder about it. Also, the magic community probably have direct restrictions against this.

  • Enrique Sanchez
    Enrique Sanchez 13 days ago +1

    I spent $20 on 2 pairs of clout goggles and one of them broke and I last the other on within a week

  • Emma GE
    Emma GE 14 days ago

    But..... They don't USE muggle money!

  • Emma GE
    Emma GE 14 days ago

    Its not K NUT

  • Sarah Stewart-Smith
    Sarah Stewart-Smith 16 days ago +2

    The potter family was rich befor james father but james father tripled the family fortune

  • Sarah Stewart-Smith
    Sarah Stewart-Smith 16 days ago

    James father was rich and james parents were elderly when they had him not to mention Lilly's parents thought she was a freak

  • OptimusPhillip
    OptimusPhillip 17 days ago

    Actually, the pronunciation of knut is actually more in line with the old English pronunciation of "kn"

  • Asiya Ehsan`
    Asiya Ehsan` 17 days ago

    James was born into really old parents relative to wizards

  • Cornelius Rettenbacher

    I bought mtg cards for 200€ and they are all troll cards

  • Remy Fagerstrom
    Remy Fagerstrom 19 days ago

    Harry’s grandparents were mentioned, in the order of the Phoenix. Sirius mentioned them when he ran away from home and he stayed with James and his parents

  • Jed Simpkin
    Jed Simpkin 20 days ago

    It’s the philosophers stone

  • declan beech
    declan beech 22 days ago

    how to get rich] get one hundred dollars and trade it in for knuts next meltdown the knuts into an ingot and sell it for it's whight of gold rinse and repeat to get rich

    also, I haven't finished the video yet.

  • Wayne Miller
    Wayne Miller 23 days ago

    i bought a set of books thats what i wasted money on

  • Noice
    Noice 24 days ago

    1:06
    Two words
    IMPERIAL SYSTEM

  • Mikan's Giant Bongos
    Mikan's Giant Bongos 25 days ago

    Harry’s parents were Aurors for the Ministry, that’s why they were targeted by Voldemort.

  • Conor Hernon
    Conor Hernon 26 days ago

    this video is driving me KNUTS!


    Plz gimme some likes, my friends has been gloating about how many likes he has on his comments on ed sheerans new music video, i need to show him up XD

  • Lama Alharbi
    Lama Alharbi 28 days ago

    'Seventeen Sickles to a Galleon ... blah, blah, blah ...'
    ME: Math! Ugh! What is this sorcery?
    Math is like a potion that kills you, but you have to live with it if Snape's around and he gives you something logical to do to get to the Philosopher's Stone ... *illuminati music*.

  • Gamer Nathan
    Gamer Nathan 29 days ago

    Richer than you,
    (No offence)

  • Samuel G.
    Samuel G. Month ago

    You stated that the books never mentioned Harry's grandparents but in the first book, you see a lot of Harry's family when he looks into the mirror of Erised unlike in the movie which only shows his parents.

  • Ville king
    Ville king Month ago

    This reminds me of the american emperial system.

  • Baan Mr Ben
    Baan Mr Ben Month ago

    Yes all the time.

  • Aubrey Chavez
    Aubrey Chavez Month ago

    I spent 37 dollars on a water bottle.....

  • Birdie Watts
    Birdie Watts Month ago

    People spend lots of money for silly things like omnioclulers all the time they called cigarettes 😶 😕

  • Copstin Top
    Copstin Top Month ago

    A Fortnite skin.

  • idkwillibeforeveralone

    in first book at they mirror they mansion his grandad

  • Depot msa
    Depot msa Month ago

    assumptions make money ! you guys are banking

  • Nicholay Volkov
    Nicholay Volkov Month ago

    6:44 thank me later

  • Koda jablonski
    Koda jablonski Month ago

    So weird watching old episodes now cuz of the new background

  • Nicholas McNamara
    Nicholas McNamara Month ago

    the money system isn't decimal it is more similar to pounds, shilling and pence

  • Life in whatever
    Life in whatever Month ago +1

    Back then we acually used to say the k we just forgot to remove it

  • Audrey Lees
    Audrey Lees Month ago

    The stupidest time I have ever spent a large amount of money was probably when me and my friend wanted to make slime so we went to Dollarama and I bought like 30 bottles of garbage quality glue, and even worse, THE SLIME DIDN'T WORK BECAUSE THE GLUE WAS GARBAGE!

  • Starblazer75
    Starblazer75 Month ago

    200$ on authentic wands

  • Vaughan Steinert
    Vaughan Steinert Month ago

    James potters parents died of dragon pox and Lily’s parents were Muggles

  • h0len
    h0len Month ago

    The K is not supposed to be silent, Knut is a Norwegian name as well as a Viking king...
    So doubt that the k is supposed to be silent, it is not pronounced how you say it, however, is a very short k sound.

    • h0len
      h0len Month ago

      Knut is essentially pronounced like newt with a very short k sound at the beginning

  • Abigail
    Abigail Month ago +1

    but what about lilys parents? they carrie lilys blood and were likely kind people.

  • freezaplanet419
    freezaplanet419 Month ago +1

    Ofc a Knut is equal to one pence.

  • Jeraisy Gonzales
    Jeraisy Gonzales Month ago

    It's because of the Potter Family's Wealth ma dude

  • ii _DiamondGachaPlayz_ ii

    It can't be good for your k-nees 😂

  • Jesper Wahlgren
    Jesper Wahlgren Month ago

    Bronze is created not found! 5:45

  • h i
    h i Month ago

    Unless you are a muggle born how do u learn to read or write like muggle borns get nursery or kindergarten to learn to read but pure bloods somehow know how to read

  • Ewan S
    Ewan S 2 months ago

    Answer to the question is I got a fifty dollar wand in diagon ally so worth it but still I bought a stick

  • Saleah Duke
    Saleah Duke 2 months ago

    Alchemy. That's Alchemy. Sorcerer's Stone is the Philosopher's Stone.

  • Samantha Foster
    Samantha Foster 2 months ago

    12 pound on gum

  • Megan C
    Megan C 2 months ago

    His grandparents are trained in the first book

  • Hugo Roswell
    Hugo Roswell 2 months ago

    J is honestly so intelligent...

  • Kathryn Neuenschwander
    Kathryn Neuenschwander 2 months ago

    I spent $89 on Pokémon cards

  • 陈北宗
    陈北宗 2 months ago

    That Galleon-Gold-Dollar-Galleon exchange is not fraud, but a fundamental form of foreign exchange arbitrage. In Gringotts the USD to Galleon rate is 1 Galleon = 7 USD, while at a muggle jeweler melted down Galleons are running 1 Galleon = 50 USD. Goblins really should put in some preventive measures here instead on relying solely on the statute of secrecy, for example by revaluing Galleons to its weight in gold and tie this value to the global precious metal market, or just use muggle money.

  • Onaaa
    Onaaa 2 months ago

    the way americans say harry annoys me .
    it's hArry pOtter not hErry pAHter

  • Chloe Bymers
    Chloe Bymers 2 months ago +1

    What about when Harry saw his family in the Mirror of Erised in the books?

    • Whatever Potter
      Whatever Potter 2 months ago

      Chloe Bymers hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • Shneur Weiss
    Shneur Weiss 2 months ago +1

    The money came from being aurour and the grandparents won the lottery

    • Whatever Potter
      Whatever Potter 2 months ago

      Shneur Weiss hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • Jacqueline M Soucek
    Jacqueline M Soucek 2 months ago +1

    After watching this I had to flip through Sorcerer's Stone to remember what Harry paid for his wand. 7 Galleons!!! Does anyone else find it surprising that the Omnioculars cost significantly more than a one-of-a-kind hand crafted magic wand?? I always assumed that a wand was a major purchase.
    As far as dropping an insane amount of money, $1800.00 on an acoustic guitar.

  • rawlinsonboy
    rawlinsonboy 2 months ago +2

    1971 is also the year the UK swiched to decimalisation, before which, 1 pound was 240 pence

    • Whatever Potter
      Whatever Potter 2 months ago

      rawlinsonboy hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • NoahKG
    NoahKG 2 months ago +1

    Is there a spell to make money?

    • Whatever Potter
      Whatever Potter 2 months ago

      Noah Kjærsgaard Gotfredsen hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • Garrett Carter
    Garrett Carter 2 months ago +1

    "Have you ever heard of a rich witch?"

    • Whatever Potter
      Whatever Potter 2 months ago

      Garrett Carter hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • Jess Kaur
    Jess Kaur 2 months ago +1

    You used fantastic beast charts so they are worth more over time since everything increases in price

    • Whatever Potter
      Whatever Potter 2 months ago

      Jess Kaur hey check my Harry Potter channel 🙋🏻‍♂️❤️

  • GD Zodixc
    GD Zodixc 2 months ago +2

    The Hardest Question For Wizards Is What Is 1+1=X

  • Lunala Moon
    Lunala Moon 2 months ago +1

    harry potter spent lots of his inherited money on candy



    if i got lots of money i would do that too

  • Pohjantuuli
    Pohjantuuli 2 months ago

    The Omnioculars kinda reminds me of our VR glasses, except for oculus rift you'd have to pay around 500e and one omnicular is 50e, so to put into that context the omnioculars aren't that expensive. For muggles atleast.

  • Nathan Ritson
    Nathan Ritson 2 months ago

    The most I spent on something like that was £80 on Skyrim collectors Edition, but I'm happy with my purchase.

  • Arro_ 10
    Arro_ 10 2 months ago

    We aren't Muggles. We r squibs 😵

  • Fake Name
    Fake Name 2 months ago

    I spent $500 on booster packs in Yu-Gi-Oh and didn't get the cards I was hoping to get

  • Matthew Harvie
    Matthew Harvie 2 months ago

    Maybe it’s inheritance from all those dead relatives

  • Isabella Kilner
    Isabella Kilner 2 months ago

    James Potters parents had James at old age by wizarding standers

  • Mikee Meador
    Mikee Meador 2 months ago

    Ok, so we know of some of Harry's implied family. We also saw the giant mound of coins in the vault. Later on we know harry was left Sirius estate and his coin. We can assume that he was wealthy enough to give his winnings of the triwiz tournament to the weasley twins and not b hurt by it financially. Not sure if anyone could put a true number on a fictional currency but I'd say harry is set.

  • Audrey Ouimette
    Audrey Ouimette 2 months ago

    I really wish diamonds were much more common and are bigger in size so that we could pay in diamonds 😊

  • Audrey Ouimette
    Audrey Ouimette 2 months ago

    Wait, it's pronounced k-nuts? I've been pronouncing it wrong for 3 years.
    *gasp* what if THEY'RE pronouncing it wrong?

  • Jake Anderson
    Jake Anderson 2 months ago

    I spent 20 dollars on 2 ponchos at universal studios

  • SomeYoungPunk
    SomeYoungPunk 2 months ago

    I collect Funko pops... so obviously 🙈

  • The Most Intelligent Ravenclaw

    Who says Hufflepuffs can't calculate?


    1+1=11

  • Ayesha Siddiq
    Ayesha Siddiq 2 months ago

    The coins could be hollow
    There also could be an enchantment making it feel heavier like it’s not hollow

  • Stephanie Ashby
    Stephanie Ashby 2 months ago

    they do teach maths in the wizardring world its called arithmancy

  • Solar Sonic
    Solar Sonic 2 months ago +1

    I once spent over 400 dollars on Pokémon cards. Don't know if I should regret it or not

  • Nate Rivera
    Nate Rivera 2 months ago

    $30.00 on a Pokémon card.

  • B Brad
    B Brad 2 months ago +1

    ok, so, about the grandparent's thing, I saw this really cool video about James' grandparents and what happened to them and stuff. so, I'm guessing that James' parents died when he was young, and that he was raised by his grandparents. wow tho. that would make it a pattern in their family, with, you know, both of the men's parents died.

  • DaGameGamer
    DaGameGamer 2 months ago

    Very rich

  • Daniel Vedberg Sekulic
    Daniel Vedberg Sekulic 2 months ago

    Its not meant to make sense its Bloody Magicians after all

  • drako meteor
    drako meteor 2 months ago

    I spent 100 dollars on a gold plated yogurt spoon

  • Spencer  Grant
    Spencer Grant 3 months ago

    I thought you were going to assert that these magical folk didn't need money stored in a bank when they could use their wands to make it when needed. Glad you didn't make that argument. I liked you talking about k-nuts....

  • Kasey Lee
    Kasey Lee 3 months ago

    You triggered me when u pronounced kn's wrong!

  • Renan Haanstra
    Renan Haanstra 3 months ago

    Spend $250 on harry potter steelbooks😅