US Imports/Exports March 2026: Import prices +0.8% MoM, +2.1% YoY. Export prices +1.6% MoM, +5.6% YoY. This is not a one-off spike; it's a trend with momentum. Even with the Strait open this momentum will take months to work its way through the economy. Bitcoin knows this.

PPI March 2026: goods will lead future inflation prints, the greatest increase to goods in 2 years driven by energy (gasoline). Goods rise (1.6%) while services “fall” or remain flat (0.0%), produced goods largest increase in nearly 4 years, this is a problem. https://www.bls.gov/news.release/pdf/ppi.pdf

Inflation is going to +6%. Prints on the left of the 12 month curve are 0.0-0.2, energy is the primary driver (again), and the rate of increase is outrageous.

Another Billion, Another Monday… Strategy just closed out another week of its at-the-market program. The numbers: - 10,028,363 shares of STRC sold - $1 billion in net proceeds - 13,927 BTC acquired at an average price of $71,902 That's a billion dollars raised and deployed into bitcoin in a single week. No fanfare. No special announcement. Just the machine doing what the machine does. For those keeping score at home, Strategy still has $21.6 billion in remaining STRC capacity and $27.1 billion in total MSTR issuance capacity left on the table. The war chest isn't running low it's barely been opened. Say what you will about the Strategy. It's not subtle. But a company methodically converting equity into the hardest money ever created, week after week, at scale is unreal conviction. The rest of the market is still debating whether Bitcoin is an asset class. Strategy is buying it by the billions.

BLS CPI and Real Earnings, March 2026: The average worker is on a treadmill that continues to incline, real average hourly earnings up 0.1% year over year while inflation is up 3.3% for all items over the same period. Things are not looking good people.

Okay I figured it out, Preston is doing one of two things; 1) lost all faith and conviction in Bitcoin and trying to figure out what to do next or 2) quietly building an army and coalition to tackle quantum threats to Bitcoin in an organized and productive fashion.

The natural state of the free market is deflation, I love listening to Jeff Booth

Sunday Coffee - April 5th, 2026

SUNDAY COFFEE - April 5th, 2026

Insight from the week of information: articles, podcasts, and other sources

Development - don’t get left behind

Development - Stay Sharp or Get Left Behind

Work Dimension Three

Preston Pysh, you are sorely missed, hopefully you will re-appear to drop some major knowledge or news soon.

Always remember how the government once responded to crisis…I often wonder about the people doing the work…and how this day of moving sand to a beach was explained at dinner.

The March report looks steady on the surface 178,000 jobs added, unemployment ticked down to 4.3% but a few undercurrents are worth watching. February was revised and the labor force actually shrank by 396,000 people, meaning the unemployment rate improved partly because fewer people were looking for work, not because the job market got dramatically better. The number of marginally attached workers jumped by 325,000 and discouraged workers rose by 144,000. Long-term unemployment (27+ weeks) is up 322,000 over the year and now accounts for over a quarter of all unemployed. Federal government employment continues to bleed and financial activities are also trending down. Health care carried the month but a big chunk of that was physicians returning from a strike rather than organic growth. Wage growth at 0.2% month-over-month and 3.5% year-over-year is cooling. Net this is a labor market that's holding together at the headline level but showing increasing signs of softening underneath, particularly in labor force participation, duration of unemployment, and the growing ranks of discouraged workers. https://www.bls.gov/news.release/pdf/empsit.pdf

A lot of important things in life and work are decided by some asshole with a simple spreadsheet

Day one after quarter close Bitcoin up almost 3%, same exact thing happened in 2022, then sideways summer and new low late in the year…

What happens when the AI Agents start to stack Sats?

Where did Preston go? I miss his podcast wisdom and perspective.

During the summer of 2021 inflation became persistent. Inflation peaked at over 9% nearly a year later…imports front run and foreshadow inflation…this is going to get ugly.