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Old Sun Jun 30, 2013, 09:57am
bob jenkins bob jenkins is offline
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Join Date: Aug 1999
Posts: 18,169
Quote:
Originally Posted by Bad Zebra View Post
Based on what? Is that actually a rule or an assumption? I agree with you...seems like a logical way to do it, but I was wondering if that was an opinion of the Fed.
Yes, it is.

It's been discussed here before -- you could try a search (recognizign that that doesn't always work well)