Central Banks Hold Rates Steady While Pescadero Barrels Remain Overhead-Plus
Global monetary authorities bravely decided to do absolutely nothing about energy inflation while sitting in air-conditioned boardrooms. Down here in Baja, expats are bravely tackling a double-overhead swell at Cerritos and have forgotten what a central bank even is. Frankly, nobody cares about structural inflation when the Pacific is delivering glassy right-handers and Tecate is thirty-five pesos.