SEVERAL HOURS OF despair had given way to the vague notion, more in Csongor’s heart than his head, that he was beginning to make sense of the Carthinias Exchange and its diverse actors. There was a trading pit in the middle of the place, a full 360-degree amphitheater of polished stone steps, perhaps thirty meters—the limit of shouting distance—at its top, funneling in and down to a tiny, flat floor no more than three meters across. The thing was split neatly in half through the middle, though there were no screens or fences or visual cues to make this obvious; it could be inferred by noticing that different sorts of people tended to congregate on each side: on the one, merchants who were trying to get money out of the world, and on the other, priests from the temples, trying to make full use of their money-annihilating capacity by undercutting the competing priests.