As the Bank of Japan hikes interest rates to levels not seen since 1995 and the European Central Bank panics over inflation, expats in Baja continue staring blankly at the overhead rights peeling off Playa Cerritos. Nobody here can be bothered to understand quantitative tightening when the Pacific is glass and Pacifico is forty pesos a bottle. Central bankers are weeping into their spreadsheets, but Chad is too busy paddling out to care about fiscal policy.