Glossary entry (derived from question below)
Dutch term or phrase:
woekert half ondergronds de inflatie
English translation:
inflation carries on right below the surface
Dutch term
ondergronds
3 | inflation carries on right below the surface | Michael Beijer |
2 | (Inflation had become a real but) unacknowledged (problem) | Richard Purdom |
Sep 25, 2015 11:42: Michael Beijer Created KOG entry
Non-PRO (1): Nicole Coesel
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Proposed translations
inflation carries on right below the surface
See my discussion entries.
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Note added at 2 hrs (2015-09-24 09:48:56 GMT)
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‘half ondergronds woekeren’:
I think the meaning is related to something like this:
‘Whilst consumer inflation has fallen it is a complex picture and the headlines of zero inflation are misleading. Actually the oil price fall combined with falls in the price of other commodities has given us disinflation in the price of goods which is very welcome to many. If we look beneath the surface we see that services inflation carries on in its own not very merry way.’ (https://goo.gl/arinHz )
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‘Inflation and the CPI
The British economy, we are told, is on the mend. After years of stagnation, […]
Yet scratch a little beneath the surface, and it is clear that this cheery picture does not match experience for many of us. A return to economic growth has not, yet, turned into a widespread feeling of prosperity.’ (http://www.realbritainindex.org/report/inflation-and-the-cpi )
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“There are a lot of rumbling numbers beneath the surface,” he said by phone. “The concern I have is what happens if gasoline prices come back, and they’re starting to come back, and you could have a little burst of inflation.” (http://goo.gl/AcpZRz )
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Note added at 2 hrs (2015-09-24 09:49:51 GMT)
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‘woekeren’:
Van Dale NL/EN:
voortdurend groeien ten koste van iets anders
onkruid: be / grow rank
kwaadaardig ook: be / grow rampant, be / grow rife
(biologie) proliferate
context:
een woekerend gezwel = a festering / gangrenous / cancerous growth
woekerend onkruid = rank weeds, rampant growth of weeds
(Inflation had become a real but) unacknowledged (problem)
Ook een mogelijkheid. Dank u wel! |
Discussion
Socialistische economen hebben met dat vraagstuk weinig ervaring. Tot voor een paar jaar 'bestond' dat verschijnsel daar niet.
Die nieuwe perestroikaanse prijberekening bevindt zich nog in een overgangsfase en die subsidies blijven toch (heimelijk) nog gegeven te worden (terwijl men daar juist van af wil)...
inflatie half erkennen
(Not that I am obsessed with the word, but it does mean something, doesn't it? Would the Dutch here please confirm it may mean "to a certain degree/extent, but not entirely" here? Half begravene half dood is oke, but what about "half woekeren"?
voortdurend groeien ten koste van iets anders
onkruid: be / grow rank
kwaadaardig ook: be / grow rampant, be / grow rife
(biologie) proliferate
context:
een woekerend gezwel = a festering / gangrenous / cancerous growth
woekerend onkruid = rank weeds, rampant growth of weeds
‘Whilst consumer inflation has fallen it is a complex picture and the headlines of zero inflation are misleading. Actually the oil price fall combined with falls in the price of other commodities has given us disinflation in the price of goods which is very welcome to many. If we look beneath the surface we see that services inflation carries on in its own not very merry way.’ (https://goo.gl/arinHz )
---
‘Inflation and the CPI
The British economy, we are told, is on the mend. After years of stagnation, […]
Yet scratch a little beneath the surface, and it is clear that this cheery picture does not match experience for many of us. A return to economic growth has not, yet, turned into a widespread feeling of prosperity.’ (http://www.realbritainindex.org/report/inflation-and-the-cpi )
---
“There are a lot of rumbling numbers beneath the surface,” he said by phone. “The concern I have is what happens if gasoline prices come back, and they’re starting to come back, and you could have a little burst of inflation.” (http://goo.gl/AcpZRz )
My other feeling is that the text isn't quite right. The state was trying to follow inflation 'on the streets' by adjusting still-state-controlled prices like in public transport or prices of basic commodities. The higher rate in Russia/Ukraine must have resulted from shortage of goods that inflated the real prices of goods for those who couldn't directly get to them. The state found it hard to control this kind of inflation as it happened after goods were sold in the half-empty shops often to speculators and then re-sold at such highly inflated prices to masses. So it was a warped economy compared to what the West knows to be economics. But it was far less serious West of Russia/Ukraine/Moldova, as there was less shortage of goods in Middle-Eur. I'd call this not-so-correct "half ondergronds ... inflatie" 'street-level inflation' for want of anything similar in English.
But of course I could still be wrong.
There is a suspicion,
that we are talking about deferred / latent (hidden) inflation, but in the case of dannos qualified - half (\ "half \"). The fact is that along with the hidden inflation in the USSR at that time (early 90s), there was an open and Private - a result of the fact that prices were kept at level 1 (and still growing deficit), and the open - as a result of that \ 'cooperatives \ "and other tools in droves to cash non-cash items - up to the complete lack of banknotes. That's where half. IMHO, of course.
www.jstor.org/stable/2006849JSTOR
by HB Junz - 1991 - Cited by 22 - Related articles
remained essentially different economic sys- ... sources from supplying command-economy markets to satisfying ... eliminate, the subterranean inflation and.
Real Deflation - Donald Luskin
www.trendmacro.com/luskin/pdf/20100223TrendMacroLuskinRK.pd...
Feb 23, 2010 - ... must be incorrect. One widely-followed economics .... think of this subterranean inflation as an ever-growing pressure, putting more and more ...