The Martial Unity

Chapter 1800

"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.

The fact that the demand specified public infrastructure, such as roads, railways, and dedicated tracks for high-speed carriages, was enough for Rui to infer that this came from Guildmaster Bradt. His company, Bradt Distribution Service, desperately relied on such infrastructure to distribute goods, services, capital, and information.

After all, it was impossible to rely on carriages to transport capital when there weren't road tracks specifically designed to accommodate the rigors high-speed carriages.

Rui wasn't opposed to increasing fiscal expenditure on public infrastructure and gross fixed capital formation. These were important assets to the Kandrian Empire and would certainly nourish the economy.

"That's a bit

top of that, many of the smaller towns, villages, and settlements are entirely disconnected

reasoning

low population density. Thus, the increase in GDP caused by gross fixed capital formation is minimal. The incentive to connect a nation as enormous as the Kandrian Empire is not as strong as it is in other

greater population density," The guildmaster remarked. "But regardless of degree, it is always beneficial. If you intend to liberalize the economy

is a demand in a potential agreement, which means we are willing

gone over your two main demands, let us hear your compensation," Rui remarked. "These are not light demands. You guys better have

Guildmaster Bradt impassively placed

a cheque

widened with surprise as he beheld the amount. "…One

chipped in a chunk. This is the amount we are willing to give you if you agree

heaved a deep

ascend the throne, and yet he was getting billions of

be

"…Are you serious?"

Guildmaster Bradt calmly

probably didn't make

a

why…?" Rui raised an

to conceive your defeat in the

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