Game of Thrones: Ascent. Item Art
Numbers on paper; once you understand that.
The of have a uniform system of coinage based on the "Gold Dragon" coin.
The different cities and nations across the in have their own various local currencies.
Approximately half of this debt was tothe wealthiest noble house in Westeros due to the many gold mines they control in.
The prize money offered included 40,000 Gold Dragons to the winner of the joust; 20,000 to the runner-up of the joust, and 20,000 to the best archer.
Ned Stark considered the total prize money of 80,000 Gold Dragons to be an extravagance the crown could not afford, but Robert ordered it anyway.
Baelish mused that 100 Gold Dragons could buy a dozen barrels of expensiveor a very high-end from the of.
Tyrion remarks that if he had a Gold Dragon for every time he'd heard such a joke about hishe'd be richer than Baelish, but Baelish points out that the Lannisters are indeed richer than he is.
Littlefinger always publicly acted like a financial genius able to make money out of thin air, but he balanced the realm's books every year by borrowing vast sums of money.
Worse, however, Tyrion points out that they still owe millions of Gold Dragons to the.
He warns that if they cannot pay back their debts to the Iron Bank, first it will stop giving out loans to the Seven Kingdoms, and ultimately it will start supporting rebellions against them.
This sum is considered a very formidable ransom for a nobleman, even one belonging to a major noble House.
Joffrey finds their mock combat hilarious, though almost everyone else in the audience finds it in very poor taste or outright insulting.
Joffrey's uncle Tyrion, himself a dwarf, is particularly insulted, but pulls aside his squire and tells him to pay the dwarfs 20 Gold Dragons each afterwards, to make up for what he perceives as their public humiliation.
Varys suggests 10 Silver Stags, and Tywin responds to make it 100 Silver Stags.
Davos passes himself off as a simple smuggler, and offers them the usual bribe smugglers give to make customs officials look the other way.
Davos asks if 5 Gold Dragons is still slot fever free coins, but one of the guards mocks that he must not have been in the city for a while, as they now expect a bribe of 15 Gold Dragons each Davos indeed hasn't been smuggling in over 20 years, and inflation has set in due to the war and tightened security around the capital city.
Beyond the Wall The living north of have a hardscrabble, survival-based economy, with little settled agriculture.
As a result, Free Folk villages that the encounters are more interested in directly useful things that they can barter for, such as weapons, furs, or fine wines, and usually not coinage, which has little inherent use to them.
In fact, the wildlings don't have much skill with metallurgy for making actual coins: they don't know how to forge their own iron though they obtain iron weapons through trade sometimesand only a few know how to make bronze items i.
Essos There are many different systems of currency in the eastern continent, particularly in the merchant city-states known as the Nine.
The Free Cities and Slaver's Bay Unlike Westeros, much of the economy of the cultures in Essos is based on.
As their name implies, the city-states of are the heart of the international slave trade.
While feudal serfdom is the social norm in Westeros, the laws of the Seven How to make a 18 wheeler specifically outlaw slavery there.
Payment in slaves is frequently used as a form of barter in Essos.
Some of the Free Cities are also economically engaged how money at online slavery, but this varies among the different city-states.
Some such as which is closest to Slaver's Bay are heavily reliant upon slavery, but others such as founded by former slaves who fled have banned slavery.
In practice, Qarth is the furthest east on the continent of Essos that merchants from Westeros have been known to travel, and is thus at the extreme east of the mapped world to men in Westeros and the are located further east, but they are half-legendary to men in the Seven Kingdoms.
They are also heavily involved in the slave trade.
Different cities use different variants of the Honor coin, such as Volantis and : the Meereenese Honor and the Volantene Honor have different designs on them.
Jorah is considered above-average because he is a knight trained in sword and lance: the bidding starts at 12 Gold Honors and he is ultimately bought by Yezzan for 20 Gold Honors.
It might be possible to reconcile this if it were established that the slavers at the auction in this episode were simply speaking in clipped phrases, i.
It isn't clear if this means that Volantene Honors are not made of gold, or that this is a sub-denomination of the Volantene Honor.
They are minted with the image of the on them.
These coins reappeared in Season 5 stacked up on the table of the selling life insurance to sailors at Braavos's harbor.
Alternatively they might be some sort of different denomination of the standard Braavosi currency.
She says that half a dozen oysters cost "three coppers", and they give her one "silver" apparently worth more than three coppers saying it's because the lady of the house likes her.
Braavos hasn't been said to use copper or silver currency in the novels - in fact their coins are made of iron, and thus apparently not based on the precious metal value of the actual coin in circulation but worthless per se but for its use as a medium of exchange and, undoubtedly to some extent, the reputation of the issuing Iron Bank.
As with the example from Volantis, however, it's not implausible that Braavosi currency has smaller denominations made out of other metals, just like the Westerosi Gold Dragon - alternatively, the brothel patrons might have just been paying her in Westerosi money, given that they were part of an embassy that just came from Westeros the episode only called them "coppers" and "silvers", not what specific nationality of coins they were.
The special coin that the assassinone of the of Braavos, gave to is explicitly not normal currency.
It is round and does not resemble a normal square Braavosi coin.
Instead of "currency" it is a special token that the Faceless Men give to their allies or those they feel indebted to.
Jaqen instructed Arya to present it to any man from Braavos if she needed help, and they would know this meant she was a friend of the Faceless Men.
Inside-the-Episode photo of the prop-coins in "Second Sons", revealing that Braavosi coins are stamped with the design of the Titan of Braavos.
Square Braavosi coins return in the Season 6 premiere, appearing in blind Arya's begging bowl.
Dothraki The are said to "not believe in money", instead taking what they want through.
The two resources they actually have on the plains of the are miles upon miles of grass, and horses.
What material wealth or precious objects they possess have been acquired through raiding surrounding nations such as the Free Cities, Slaver's Bay, oror raiding other Dothraki hordes to take their plunder.
The Dothraki do not so much function on the barter system, as they use the honor system: they frown upon "trade" but honor the exchange of gifts, such as tribute.
Long ago the Free Cities decided that it was often less destructive to just give the Dothraki massive tributes in gold, finished products, and slaves, than to try to fight them off - though a Dothraki horde might still attack if they find the tribute insufficient, or if they just haven't had a good fight in a while.
The Dothraki will not reciprocate these "gifts" on an immediate quid pro quo trade system.
However, they will as a rule keep their word to eventually give a gift which they have promised, though they will do it in their own time.
In practice, if a Dothraki horde has a particular need for a resource that it cannot obtain through direct raiding, i.
Banking The Iron Bank of Braavos Bronn: " I've never borrowed money before, I'm not clear on the rules.
Each of the Nine Free Cities has its own bank, for depositing and lending money.
The largest bank by far is thewhich is as large and wealthy as the banks of all the other eight put together.
When King Joffrey succeeded Robert, backed by his mother Cersei and grandfather Tywin Lannister, House Lannister was really attempting to found a new dynasty and supplant House Baratheon.
A problem House Lannister encounters once Joffrey is in power is that essentially, half of the 6 million Gold Dragon debt was owed to themselves, and with Robert dead he can't pay Tywin back.
This does not erase the mounting war debt to the Iron Bank of Braavos, particularly given that at the start of the conflict most of the realm beyond the Crownlands, Westerlands, and a narrow strip of the southern Riverlands does not acknowledge Joffrey's rule.
Even after the slaughter of the Starks at thethe huge expenditures on the war, combined with the already shockingly high debts at the end of King Robert's reign, have left the crown so heavily in debt to the Iron Bank that even Tywin Lannister is concerned.
After Tywin isand the Queen Regent is left in charge of House Lannister, the Iron Bank starts to lose its already dwindling faith that the crown of the Seven Kingdoms will be able to pay them back.
With tensions mounting, the Iron Bank calls in one tenth of the huge total debts that they are owed.
Cersei's new informs her that the Iron Throne's depleted treasury doesn't physically possess even half of that tenth of the total money they owe the bank.
Insurance Jaqen H'ghar: " The man is a gambler.
He wagers that a sailor's ship will make it to its destination.
It is a strange wager for the captain.
He only wins if he loses his life.
So why would a captain make more info wager in the first place?.
The "thin man" at the docks of Braavos who sells insurance contracts to ship captains.
Business ventures across the Seven Kingdoms and the Free Cities often purchase contracts from other merchants.
InArya Stark is given a mission to assassinate a "" who sells insurance to ship captains at the docks because he swindled sailors' families out of the money he had promised to pay.
It is not anachronistic to the time periods that Game of Thrones is based on for the thin man to sell insurance policies: there is evidence that the slot fever free coins of insurance has been known and practiced by Chinese and Babylonian traders during the 3rd and 2nd millennia BC, respectively.
It's even more appropriate for Braavos, an economic powerhouse akin to the, orall states where uninsured ships had little chance of successful ventures.
The novels actually do mention merchants in the Free Cities buying and selling insurance: apart from the thin man himself, the Triarch of named Vogarro was specifically said to sell insurance to shipowners against the hazards of the sea.
In the books Themes The novels focus on economics much more than many previous Fantasy series.
Martin is fascinated with how morally "good" men such as U.
President Jimmy Carter who even taught Sunday school for children can nonetheless be "bad" rulers because they are ineffective, either in politics or simply at pragmatic economic concerns - and how men who have privately committed morally "bad" actions can nonetheless be "good" rulers, citing how U.
As Martin explained: "There is always this presumption that if you are a good man, you will be a good king.
What does that mean, "He ruled wisely?
What did he do when two lords were making war on each other?
Or barbarians were coming in from the north?
What was his immigration policy?
What about equal rights for Orcs?
Or did he try to redeem them?
You never actually see the nitty-gritty of ruling.
I guess there is an element of fantasy readers online make money how casinos do don't want to see that.
I find that fascinating.
They've got nothing to import anymore.
They're not getting any money.
I find this stuff interesting.
And fortunately, enough of my readers who love the books do as well.
As their names suggest they are made of these slot fever free coins metals.
The Gold Dragon currency system isbased on the inherent value of the amount of gold or silver in each coin, as opposed to - like modern banknotes - in which currency is assigned a theoretical value but is physically just a medium of exchange banknote paper currency does not exist in Westeros, or even in Essos, and no world culture has ever been described using paper currency in the novels.
That being said, sometimes possession is an abstract concept.
Thus someone being paid thousands how to make money in game of thrones ascent Gold Dragon coins will not have to physically carry them around, but will be presented with official financial documents declaring the transaction much as a knight might find it difficult to carry around on his back a castle he has been granted, but can carry around a sealed charter as proof of the land grant.
Still, even large sums used in accounting - ranging into the tens of thousands of Gold Dragons - are supposed to represent physical gold coin reserves.
Reflecting real-life medieval practice, the currency of the Seven Kingdoms is not based on a decimal system, but grew haphazardly out of many centuries of rival coinage systems becoming integrated, so the exchange rate between different denominations reflects tradition and not abstract sense.
Each of the original independent "Seven Kingdoms" minted their own money, but the coinage system was unified under the Targaryen dynasty after the 300 years ago.
The Targaryen Kings did not completely "nationalize" the minting of coins, as private mints also exist, but coinage is primarily minted by the kingship and is certainly regulated by it.
There are a few other regional coins worth different combinations that might be encountered from time to time, a "Groat" equals 4 Copper Pennies, etc.
Barter is, of course, still common on an everyday level.
The books contain many more examples of different kinds of coins and the relative price of different purchases.
As in the TV series, the baker Arya asks for bread right before her father is executed and the war beginshe says that a loaf costs three copper pennies.
During the food prices are sent skyrocketing in : when Tyrion first arrives in the city he observes that food prices have tripled, and continue to rise.
The shortages resulted from the war's disruption of trade routes, particularly that closed off food shipments along the when they declared foralong with the loss of food shipments from the Riverlands, which had declared for Robb Stark the Reach and the Riverlands being the two main breadbasket regions of the realm.
The shortages were compounded by the influx of refugees from the Riverlands seeking the safety of the capital city, which overburdened its already strained food supply, eventually read article to by the starving peasants.
After the Tyrells ally with the Lannisters food shipments from the Reach arrive in the city again i.
Even after this, however, Tyrion notes that food prices are still shockingly high: six Copper Pennies for a melon, a Silver Stag for a bushel of corn, and a Gold Dragon for a side of beef or six skinny piglets.
This was after the Tyrells were returning regular food shipments to the city, so the prices might have been higher beforehand, or they may have continued to rise to four or five times their normal value while Tyrion was Hand, so the exact ratio of these prices to their normal pre-war value is unclear.
In the first of the Tales of Dunk and Egg prequel novellas, set ninety years before the War of the Slot fever free coins Kings, it is mentioned that a man could live well on three Gold Dragons a year - though relative prices may have changed in subsequent generations.
Supporting this notion is that in the Tales of Dunk and Egg, Duncan sold a knight's horse for 750 Silver Stags, which is about three and a half Gold Dragons.
In contrast, during the War of the Five Kings, Jaime Lannister advises Brienne of Tarth that a single Gold Dragon 210 Silver Stags is a good offer for a knight's horse.
Thus the Gold Dragon apparently underwent significant in the past ninety years, though the devastation caused by the War of the Five Kings combined with foreign debt from King Robert's reign leads to the rapid monetary which Tyrion noted in the food markets.
Another factor is that the first Dunk and Egg story takes place during the spring after the end of a years-long winter, when both the population and food supply would be lower, while the War of the Five Kings takes place at the end of a years-long summer, when both population and food supply start out very high - during the prequels, both supply and demand are proportionately lower than they are in the main series, and relative prices seem to have adjusted accordingly.
Population starts off high, so food demand is still high, while cost of labor is low, so wages stay low even as food prices drastically increase due to how to make money in game of thrones ascent exceeding supply.
Food supply initially remains low, but so many people died that demand is also much lower.
Initially high demand means that prices are high, but wages are also high, balancing out.
Numerical value of products is higher but relative purchasing power is balanced i.
Food supply also gradually increases, however, and in good summers will exceed demand.
Thus wages decrease, but prices also decrease - numerical value of products is lower, but wages are also lower, so relative purchasing power balances out.
Numerical value of products reaches their lowest but relative purchasing power is still balanced i.
Food supply is suddenly low but population is still high.
Demand now drastically outpaces supply, sending food prices soaring while wages remain low.
Relative purchasing power is now unbalanced: a single horse now costs significantly more than the the amount of wages that a laborer earns in a single year this is just an example figure: it isn't clear how much a laborer actually makes in a single year in Westeros, in fact a single horse seems to be greater than one year's article source of wages.
Numerical prices not raw purchasing power do seem to be consistently about three times higher in the Tales of Dunk and Egg prequels compared to the main novel series.
One Gold Dragon is considered a good price for a knight's horse in the main novels, while about three and a half Gold Dragons is considered a good price in Dunk's era.
Moreover, at one point Ser Duncan uses a single Silver Stag coin equal to 56 Copper Pennies to purchase meals for two people at an inn, and receives a handful of Copper Pennies back as change.
Presuming he received about a dozen or so Copper Pennies as change, and that this was to cover the cost of two meals, it seems that the cost of a single meal at an inn was about 20 Copper Pennies during the Tales of Dunk and Egg era.
In contrast, in the main novels just before Eddard Stark's execution, a baker tells Arya that a loaf of bread will cost her 3 Copper Pennies.
If the deflation ratio is consistent, the numerical price of a loaf of bread in Dunk's era would be around 9-10 Copper Pennies - which actually does seem to be consistent with the figure that a full, basic "meal" cost Dunk about twice that much.
No examples of prices were given in the prequel novellas about the.
The numerical cost of one horse dropped from 3.
The era of peace and prosperity before the Dance lasted far longer than that, an 80 year long golden age of peace and prosperity under the Targaryen kings Jaehaerys I and Viserys I.
The civil war began in autumn, after Viserys I died, and winter began in no skills how to middle of the conflict.
Keeping to the supply and demand trends observed at the end of Robert's reign, it is possible that the number value of prices at the start of the Dance of the Dragons was even lower i.
The main takeaways from these figures, in short, are that just before the outbreak of the War of the Five Kings the price of everyday commodities such as a loaf of bread was around three Copper Pennies, and a knight's horse was worth about one Gold Dragon.
Massive inflation takes place during the course of the War of the Five Kings, however, so relative prices during most of the TV series would rise drastically higher.
In the Seven Kingdoms, there is no particular cultural or religious rule against moneylending.
Indeed, the Faith of the Seven has been known to lend money to the kingship.
Thus, by the time of King Robert Baratheon, the crown owes a vast amount of accrued debt which was lent to it, mostly by House Lannister, the wealthiest noble landholders on the continent.
Robert Baratheon's massive public debts, largely the result of his own inept financial leadership, total approximately six million Gold Dragons.
This debt is roughly divided between three million owed to House Lannister, two million owed to the Iron Bank of Braavos, and one million owed to the.
A point made in the books is that the crown of Seven Kingdoms actually was not in debt immediately after.
While there had been some war debts King's Landing had to be extensively repaired after its sack, etc.
Tywin Lannister even remarks that the gross income of the crown has increased to something on the order of ten times what it was under the Mad King, due to various improvements in administration and an improving economy during the long summer years.
Thus it is all the more shocking to Eddard Stark when he is informed that the crown is 6 million Gold Dragons in debt, highlighting just how much Robert Baratheon was beggaring the realm with his many expensive jousts.
Indeed, Tyrion Lannister is skeptical that even How to make money in game of thrones ascent expensive tournaments and overall bad management could have produced such massive debts given the strong gross income levels, leading him to suspect that Littlefinger has been embezzling massive amounts of money from the treasury.
The Tourney of the Hand, for example, cost 100,000 Gold Dragons in prize money, and is presented as a very large tournament even by Robert's standards.
Robert has been king for 15 years in the novels, and 6 million divided by 15 is 400,000 - meaning that Robert would have to have held a massive slot fever free coins on the scale of the Tourney of the Hand every three months for 15 years to spend that much money.
Tyrion realizes these numbers are implausible, as Robert simply didn't hold that many large tournaments.
Each of the independent "Seven Kingdoms" minted their own different local currencies until they were all united by in the three hundred years before the War of the Five Kings.
Little has been mentioned so far of pre-Conquest currency, but the minted gold coins known as "Hands", featuring the hand-sigil of on one side and the face of the king whose reign they were minted in on the other side.
Surprisingly, quite a few Hand coins remain in circulation, even though new ones ceased being minted three hundred years ago.
A gold Hand coin is only roughly half the value of a Gold Dragon coin.
However, gold Hands are also roughly the same size, weight, and shape as a Gold Dragon, which may lead the unwary to confuse them.
In the early months of theafter is declaredthe idea is suggested that the new Kingdom of the North and Riverlands should mint its own coinage.
When Prince is holding a harvest feast at attended by several Northern lords, Lord Wyman of proposes that he will fund the creation of new mints to produce coinage for Robb's kingdom as House Manderly controlsthe North's only city and port, and is therefore fairly wealthy due to its maritime commerce.
Soon afterwards, however, the betray the Starks and attack the western coasts of the North, seizing Winterfell itself, thus the plan to make their own coinage is apparently put on hold to deal with the more immediate threat.
The plans to make their own Northern coinage were rendered moot with the death of Robb Stark and destruction of his army at the.
The proposed mints apparently never began production, as there is no mention of new Northern currency in the books.
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