Second Demand

"Our second demand is increased fiscal expenditure into gross fixed capital formation," Guildmaster Bradt answered, pushing another file to Rui, who promptly read through it.

"You're demanding a thousand-five-hundred-percent increase in gross fixed capital formation in public infrastructure?" Rui narrowed his eyes, turning to Guildmaster Bradt with a dubious expression.

"This is your demand, isn't it?"

Guildmaster Bradt didn't reply.

But his silence was deafening.

Gross fixed capital formation, or GFCF, was a macroeconomic concept that dealt with fixed capital or fixed assets. Things like state and public infrastructure, production facilities, and equipment were considered to be fixed capital. 

GFCF, in turn, simply measured the increase in the net value of fixed capital.