Sentence examples of "ersatz" in English
And, because low interest rates have reduced asset managers’ returns, some central banks – and the European Central Bank, in particular – have relied on successive interest-rate cuts in an effort to engineer ersatz value gains for assets.
И, поскольку низкие процентные ставки снизили прибыли распорядителей активами, некоторые центральные банки – и, в частности, Европейский центральный банк – полагались на последовательные сокращения процентных ставок в попытке создать псевдо-повышение цен на активы.
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