[FoRK] How far will the dollar fall? (was: Demonizing the hedge funds...)

[James Tauber]

On Apr 19, 2008, at 8:55 AM, Russell Turpin wrote:
>
> James Tauber:
>> "Not much" seems to be the general consensus amongst the professional
>> economists I read.
>
> How many of them have predictive models that successfully
> make money trading the currency markets?

Can't one be good at explaining the past without necessarily being  
good at predicting the future?

Plus, I figure when Krugman *doesn't* blame Bush for something, that's  
pretty significant :-)

James