Mary Daly

speaker

1,237 appearances 2 recordings 1 series first heard Dec 2024 last heard Aug 2025

Mary Daly’s voice in public audio — every appearance, attributed to the second.

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They say, Here's my box of things.

I'm going to make a house that's durable, can last the cold climate, can be built on the permafrost.

I'm gonna figure it out.

And I don't count them out because they're very good at this.

And

It ultimately leads to the innovation that's needed to deal with the higher costs.

The problem is it's happening all at once, and it makes it really hard to innovate fast enough to offset the costs.

So I'm hearing pass-through, but I'm not here seeing a lot of it.

You saw this in the published data, spreading it out past Alaska.

Published data is coming out, goods price inflation is going up.

It's not spilling over into services inflation, either in housing or in service.

Services, you know what I think of as supercore services X housing, that's good news.

And the best sense from history and from what's happening right now is that there won't be much of an impetus so far to spill over.

That would get into a persistent inflation problem.

You can't count it out, of course, but I don't think there's a lot of evidence that it's occurring.

So there's not a lot of good data on statewide inflation expectations, so we have to rely on talking with people.

And when I talk with people,

They worry more, but they don't there's a difference.

Inflation expectations, the way you can measure it is: am I asking for a higher wage?

Am I going in and saying, I can't keep up, I need a higher wage.

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