Your Daily Gist — April 14, 2026

Hi Quai, welcome to Daily Gist — your newsletters, distilled into conversation! Today we are digging into why millionaires are feeling broke, the Navy's blockade of Hormuz, and the architectural hierarchy that decides if your AI is a simple flowchart or a revolutionary system. The idea of a millionaire feeling the pinch sounds like a punchline until you look at the purchasing power of a million dollars today compared to twenty years ago. It buys about half what it use