Published May 08, 2017
My much younger and hipper and, I might add, media-savvy producer always warns me about getting too geeky. Even though I’ve told her repeatedly: "Pam, I am a geek. How can I get too geeky, if I’m geeky from the get-go?"
So at the risk of offending her and hip, young folks like her everywhere, I want to talk to you about something really geeky, but I think really grave: the tumbling dollar.
Now don't get all hissy and rolling-your-eyes with me. Hear me out: The dollar is falling out. And, before you shut me out, know this: You don't have to be a geek, to know the implications of this are great.
What, a low dollar doesn't jazz you? How about paying more for gas? Does that jazz you?
Oil is priced in dollars and with the dollar swooning, it takes a lot more dollars to buy it, which means it takes more dollars to buy gas too or your favorite imported wine. Does that get your young alcohol-craving hearts pumping?
Well pump this little fact into your little hip heads, because the buck's so weak here, it takes a lot more bucks to buy stuff from over there.
Stuff like, yeah, your fancy-schmancy, name-I-can't-even-pronounce-because-it-doesn't-have-a-twist-off-cap bottle of wine; same with imported cheese from my homeland of Italy.
If you like stuff from there, it's gonna cost you more here. And all because investors all over the world have lost faith in us here; in our ability to control spending or deficits or anything.
So for God's sake, wake up and smell the pricier espresso!
That sinking dollar is about to make your life a living hell. And, unless you're like me and domestic wines with twist-off caps are fine and Velveeta trumps anything from Versailles, there's no escape.
Deal with it. But don't say this middle-aged fart with a fondness for domestic hot dogs didn't warn you.
— Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to email@example.com