God of Technology: Creating the Internet in Another World-Chapter 430: Suddenly Everything Became Clear!

Viscount Roster and Nidhogg moved fast.

After finishing their discussion, they immediately took action.

Actually, you couldn’t really blame these nobles and big merchants for flooding into this market.

On one hand, human greed was endless.

At first, tons of people definitely thought this wasn’t normal.

How could the appearance of a futures market suddenly make demand for steel explode like this?

Steel that couldn’t be used up in 100 or 200 years before was now getting consumed in just days—how was that possible?

Even if magic-tech industry suddenly got hot, even if suddenly lots of people decided to open workshops, it was still hard to believe.

But what about when everyone you knew made money?

Another family originally about the same level as yours suddenly tripled their assets in a short time?

Your neighbor next door, originally at about your level, neither of you better than the other—they suddenly saw their assets skyrocket. Didn’t you need to worry they’d start training an army?

When you saw people around you making money, when you feared people around you making money, how could you not act then?

If it was like this for ordinary merchants, even more so for lords under way more pressure.

On the other hand, it was because land wasn’t worth anything now, and they vaguely felt like there was more and more money on the market, making money less and less valuable.

Before, everyone liked keeping their gold, silver, and copper coins in their vaults, but after this recent series of operations, there were more and more coins on the market, so naturally the purchasing power of coins dropped.

What you could buy this year with one gold coin, next year you’d need to throw in a few extra silver coins to buy. For ordinary people, this didn’t mean much.

But for these nobles?

That was a loss.

The money they’d accumulated in their vaults generation after generation was getting less and less valuable—how could they not panic?

Maybe in 10 years, 20 years, or even slower, in 100 years, what they’d accumulated over generations would shrink by half or more.

They had to find ways to fight this inflation.

They needed investment channels.

Everything was coming together.

Nidhogg was a decisive dragon.

After finishing communications with Viscount Roster, he immediately gathered some dragons specifically in charge of the stock exchange, along with some professionals, and held a meeting.

The next day, reforms targeting this chaos had already begun.

Meanwhile, in the City of Gold, the Clarkson family.

Patriarch Clarkson was a smart man. Early on, he’d immediately realized there was something wrong with the futures market.

So he hadn’t immediately jumped into steel futures trading.

But later on, getting swept up in it all, he had no choice but to get involved.

In fact, recently, the Clarkson family had been hyping up steel trading. They’d even promised multiple times they were going to build this factory or that factory.

No doubt about it, recently the Clarkson family had made money.

They’d made a full 1.2 million gold coins.

This was beyond what they could’ve imagined before.

But they’d made it in just these few days.

Patriarch Clarkson always felt like his family members had gone crazy, every single one of them thinking every day about getting him to increase investment.

But he still had just a tiny bit of doubt and unease.

He didn’t know if it was just his imagination, but from what he’d observed, the upward trend of steel seemed to have slowed down in recent days. If that was the case, was there even a need to keep investing?

He even suspected that maybe in a while, prices would start pulling back.

Should he sell now?

If he sold now, 1.2 million gold coins would be in the bag.

This was wealth that would’ve taken countless years to accumulate before!

But if he sold now, what if steel prices kept skyrocketing afterward?

His credibility within the family would take a huge hit.

Right now almost the entire family had gone crazy. Everyone wanted to increase investment. Plenty of people were complaining about him—why didn’t he jump into investing right away? Why did they make so much less than some neighboring family?

If he kept making bad calls and sold all these steel futures now, in these family members’ eyes, he’d look even worse.

Before they could at least say he was being cautious. But now it might turn into being a coward.

Just as Patriarch Clarkson was hesitating, suddenly steel futures prices started skyrocketing.

"Why’d it suddenly start spiking again?" Patriarch Clarkson found it pretty unbelievable.

At first it was still rising by 0.something, 0.something—didn’t seem like much.

Might just be an adjustment. Could even count as basically flat.

But as time passed, the gains got more and more ridiculous.

It even felt like when he’d first bought in.

In just an hour or two, it had surged 50%.

In just this short time, his cumulative profit had gone from 1.2 million gold coins to 2.3 million gold coins.

The gains seemed to keep expanding.

Mind blown!

Patriarch Clarkson was truly stunned.

The situation had exceeded his understanding.

The market clearly already had so many steel futures—might not use them up in 10 years, 100 years. Even with weirdo Viscount Roster constantly rolling out odd new things.

But even so, there was no way all this steel could be consumed in just a few years.

So why was everyone going crazy buying it up again?

Patriarch Clarkson felt dizzy and confused, completely baffled.

However, his earlier wavering mindset completely disappeared. Are you kidding? Sell what sell?

Not happening.

The steel futures he held were staying right in his hands.

He’d wait for these steel prices to keep climbing.

Even if they ended up rotting in his hands, he’d take delivery and then list them on the futures market again as used steel.

Just like those secondhand dealers going around buying up steel everywhere right now.

Until prices stabilized, he absolutely wouldn’t sell. 𝙛𝓻𝒆𝓮𝒘𝙚𝙗𝒏𝙤𝙫𝓮𝒍.𝓬𝒐𝙢

Wouldn’t sell if you killed him.

Whoever sells is an idiot!

Besides steel, what else could grow this much in such a short time?

People’s bids on the futures market kept getting higher and higher.

Ridiculously high.

On Magic Space, Magic Net videos, and other places, people were also frantically discussing it, not understanding why this was happening.

Of course, these discussions didn’t last too long.

Because people saw the announcement the stock exchange put out.

Turned out those damn nobles had been playing the stock market like this!

So many operations ordinary people couldn’t even imagine had been running rampant on the stock exchange.

Plenty of people realized they’d probably been set up and screwed over by them before.

Suddenly lots of things became very clear.