Thursday, August 28, 2014
PSAS 2014 Fiscal Policy Update: Stock Market Reform
After an extended analysis of the market performance and its effect on the PSAS economy from last year, the Security and Exchange Commission of PSAS has decided to restructure the stock market system. Commissioner Far East wanted a slightly reduced role for the speculative games on the outcome of PSAS 2014 fantasy football season, and ordered the financial technocrats to come up with a new structure for market speculation.
Instead of a four-tiered previous ratings system, the new ratings will be three-tiered. Top tier will be called "Blue Chip", second-tier "Market Performer" and the bottom tier "Junk". There will be four teams in each category. Each bet will cost 5bb, 2bb of which will be paid to the purchased stock's franchise as dividends, just like last year.
The payout schedule for 5 bankerbitez is as following.
Blue Chip Market Performer Junk
Blue Chip 5 3 2
Market Performer 10 5 3
Junk 15 10 5
Essentially, we are eliminating the 20bb payouts. Far East financial technocrats decided that last year's historical amount of liquidity put into the player transaction market especially through stock market games resulted in hard-to-overcome advantages for some franchises. For example, in week 9 of 2013, a record 346 bankerbitez were flushed down to market, with one franchise receiving 101 total bitez. Such over saturation of the market resulted in a overly inflated and lopsided waiver bids, some critics argued back then. The above franchise that received more than original cap space (100) proceeded to win the championship, so the economical impact was immense. The monetary policy thinkers are aiming for a more reserved role for the casino and market speculation industries toward the outcome of the fantasy football league.
The aim is "play not to lose," not "play to win" as one policy maker put it. "The difference is subtle but important," the same policy maker stated.
The technocrats probably also decided that it was easier to loosen fiscal policies mid-season than tighten them without impacting the player market significantly, so they are starting out with a policy that is slightly more controlled than last year's happy-go-lucky-party economic climate.
The SEC is not opposed to the idea of bringing back 4-tier/20bb market structure. We are simply starting out with this 3-tier system, and depending on the market temperature may re-institute the original system at any time during the season.
While investing in junk bonds may no longer yield as much fortune to PSAS franchises, the SEC is coming up with a new way to lubricate the economy.
An introduction of sale of a new combination derivatives called Multifacta, in which pre-selected multi-winner/loser tickets will have high payouts, up to x20 (100bb) for 5 bitez bet.
It will work like this. I may sell a ticket named "Ten Eyck Walk" which will pay 50 bitez (plus 5 bitez returned) if Bloodz, Tiger, Shock and BDT all win over their opponents. Or "Fire Pon di Wildcat" that will pay 100bb if Girlz, Trix, Tiger, Nauts, Shock, and BDT all lose. Those are examples. Different combinations (starting with combo of two and up to six) with varying payouts will be sold each week, and each ticket will cost 5bb. There's no dividend paid out for these bets.
Also, unlike last year, Stock Market will commence in Week 1 along with Casino Gulag. The ratings and market will not settle until Week 4 or so, which is when Stock Market opened last season. Money is made when the market is volatile. So shine your nickel, and surrender to the g0dz!
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