Global central banks have resumed monetary tightening due to energy price shocks, but local expats are completely insulated by their commitment to a $2 drafting Pacifico. While the rest of the world hyperventilates over persistent inflation risks, the biggest economic crisis in Baja right now is a shortage of lime wedges at the beach palapa. Nobody cares about basis points when the south swell is overhead and the Wi-Fi at the fish taco stand is down anyway.