{"id":19273,"date":"2022-01-29T19:56:17","date_gmt":"2022-01-29T10:56:17","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=19273"},"modified":"2022-02-06T19:29:50","modified_gmt":"2022-02-06T10:29:50","slug":"%e8%b3%87%e6%9c%ac%e4%b8%bb%e7%be%a9%e8%80%85%e3%83%89%e3%83%a9%e3%83%83%e3%82%b1%e3%83%b3%e3%83%9f%e3%83%a9%e3%83%bc%e6%b0%8f%e3%80%81%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%ae%e9%87%91%e8%9e%8d","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19273","title":{"rendered":"\u8cc7\u672c\u4e3b\u7fa9\u8005\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u7de9\u548c\u7d42\u4e86\u3092\u6b53\u8fce"},"content":{"rendered":"\n<p>\u304b\u3064\u3066\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u4e0b\u3067Quantum Fund\u3092\u904b\u7528\u3057\u3066\u3044\u305f\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u91cf\u7684\u7de9\u548c\u7d42\u4e86\u3068\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u958b\u59cb\u306b\u3064\u3044\u3066\u30b3\u30e1\u30f3\u30c8\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u4f4e\u91d1\u5229\u6642\u4ee3\u306e\u7d42\u308f\u308a<\/strong><\/p>\n\n\n\n<p>Fed\u306f\u5229\u4e0a\u3052\u3068\u91cf\u7684\u5f15\u304d\u7de0\u3081\uff08\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u7e2e\u5c0f\uff09\u3092\u884c\u304a\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u6570\u5e74\u524d\u306b\u3082\u540c\u3058\u3053\u3068\u306f\u884c\u308f\u308c\u30012018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306b\u7e4b\u304c\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19181\" data-type=\"post\" data-id=\"19181\">\u30a2\u30e1\u30ea\u30ab\u30012018\u5e74\u306e\u682a\u4fa1\u66b4\u843d\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u91cf\u7684\u5f15\u304d\u7de0\u3081\u3092\u767a\u8868<\/a><\/li><\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u4eca\u56de\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306f\u4e2d\u592e\u9280\u884c\u306b\u3088\u308b\u81ea\u767a\u7684\u306a\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u7269\u4fa1\u9ad8\u9a30\u3092\u6291\u3048\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u5fc5\u8981\u6027\u306b\u8feb\u3089\u308c\u3066\u306e\u3082\u306e\u3060\u3068\u3044\u3046\u70b9\u30672018\u5e74\u3068\u306f\u6839\u672c\u7684\u306b\u7570\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18620\" data-type=\"post\" data-id=\"18620\">\u30b3\u30ed\u30ca\u8513\u5ef6\u3067\u3082\u30a4\u30f3\u30d5\u30ec\u6b62\u307e\u3089\u305a\u300112\u6708\u7c73\u7269\u4fa1\u4e0a\u6607\u7387\u306f7.1%<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u308c\u306f\u3064\u307e\u308a\u3001Fed\u306f\u81ea\u5206\u306e\u610f\u601d\u3067\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u6b62\u3081\u3089\u308c\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u682a\u4fa1\u304c\u66b4\u843d\u3057\u3066\u3082\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u7d9a\u304f\u9650\u308a\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u5f37\u8981\u3055\u308c\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u306f1980\u5e74\u4ee3\u306e\u30ec\u30fc\u30ac\u30ce\u30df\u30af\u30b9\u304b\u3089\u59cb\u307e\u3063\u305f\u91d1\u878d\u7de9\u548c\u4f9d\u5b58\u306e\u6642\u4ee3\u306e\u7d42\u308f\u308a\u3067\u3042\u308b\u3002\u3053\u308c\u307e\u3067\u306f\u91d1\u5229\u3092\u4e0b\u3052\u3001\u7d19\u5e63\u3092\u5370\u5237\u3059\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u7d4c\u6e08\u3092\u4e00\u6642\u7684\u306b\u6d6e\u63da\u3055\u305b\u308b\u3053\u3068\u304c\u51fa\u6765\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u7b56\u91d1\u5229\u306f\u3053\u308c\u307e\u3067\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2022-1-29-federal-funds-rate-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"479\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2022-1-29-federal-funds-rate-long-term-chart.png\" alt=\"\" class=\"wp-image-19279\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2022-1-29-federal-funds-rate-long-term-chart.png 479w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2022-1-29-federal-funds-rate-long-term-chart-300x293.png 300w\" sizes=\"auto, (max-width: 479px) 100vw, 479px\" \/><\/a><\/figure>\n\n\n\n<p>1945\u5e74\u306e\u7d42\u6226\u304b\u308940\u5e74\u8fd1\u304f\u304b\u3051\u3066\u4e0a\u6607\u3057\u305f\u91d1\u5229\u304c\u300140\u5e74\u304b\u3051\u3066\u4e0b\u843d\u3057\u3001\u305d\u308c\u304c\u518d\u3073\u4e0a\u6607\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u308f\u308c\u308f\u308c\u306f\u305d\u3046\u3044\u3046\u5de8\u5927\u306a\u30c8\u30ec\u30f3\u30c9\u306e\u6700\u4e2d\u306b\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u4f4e\u91d1\u5229\u3092\u8ae6\u3081\u305f\u4e2d\u592e\u9280\u884c<\/strong><\/p>\n\n\n\n<p>\u4f4e\u91d1\u5229\u306e\u6642\u4ee3\u306f\u7d42\u308f\u308b\u3002\u5c11\u306a\u304f\u3068\u3082\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u305d\u3046\u8a00\u3063\u3066\u3044\u308b\u3002\u3042\u308b\u3044\u306f\u3001\u305d\u3046\u3057\u306a\u3051\u308c\u3070\u7269\u4fa1\u304c\u9ad8\u9a30\u3057\u3001\u4eba\u3005\u306f\u65e5\u7528\u54c1\u3092\u8cb7\u3048\u306a\u304f\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u306f40\u5e74\u3082\u306e\u9593\u91d1\u5229\u4f4e\u4e0b\u306b\u4f9d\u5b58\u3057\u3001\u501f\u91d1\u306b\u3088\u3063\u3066\u81ea\u5206\u304c\u751f\u7523\u3059\u308b\u3088\u308a\u3082\u591a\u304f\u3092\u6d88\u8cbb\u3057\u3066\u304d\u305f\u793e\u4f1a\u306e\u30c4\u30b1\u3092\u5c11\u306a\u304f\u3068\u3082\u4eca\u5f8c10\u5e74\u306e\u7d4c\u6e08\u6050\u614c\u306b\u3088\u3063\u3066\u652f\u6255\u3063\u3066\u3086\u304f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u878d\u7de9\u548c\u306b\u3088\u308b\u4eba\u70ba\u7684\u306a\u5e02\u5834\u30d0\u30d6\u30eb\u306f\u8cc7\u672c\u4e3b\u7fa9\u306e\u7f6a\u3068\u3057\u3066\u8a9e\u3089\u308c\u308b\u3053\u3068\u304c\u591a\u3044\u3002\u3057\u304b\u3057\u9762\u767d\u3044\u3053\u3068\u306b\u3001\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3084\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u3088\u3046\u306a\u751f\u7c8b\u306e\u8cc7\u672c\u4e3b\u7fa9\u8005\u3067\u3042\u308b\u306f\u305a\u306e\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u305f\u3061\u306f\u3001\u4e00\u8cab\u3057\u3066\u91d1\u878d\u7de9\u548c\u3092\u75db\u70c8\u306b\u6279\u5224\u3057\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/9681\" data-type=\"post\" data-id=\"9681\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u3067\u306e\u4f01\u696d\u6551\u6e08\u3068\u30d8\u30ea\u30b3\u30d7\u30bf\u30fc\u30de\u30cd\u30fc\u3092\u75db\u70c8\u6279\u5224<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10473\" data-type=\"post\" data-id=\"10473\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u653f\u5e9c\u304c\u91d1\u878d\u5371\u6a5f\u304b\u3089\u5b88\u3063\u3066\u304f\u308c\u308b\u3068\u601d\u3046\u306a<\/a><\/li><\/ul>\n\n\n\n<p>\u91d1\u878d\u7de9\u548c\u3067\u7121\u7406\u77e2\u7406\u7d4c\u6e08\u3092\u652f\u3048\u308c\u3070\u3001\u30d0\u30d6\u30eb\u5d29\u58ca\u3068\u7d4c\u6e08\u6050\u614c\u3068\u3044\u3046\u5f62\u3067\u30c4\u30b1\u3092\u5f8c\u3067\u6255\u3046\u3088\u3046\u306b\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u304c\u5e02\u5834\u306e\u5c02\u9580\u5bb6\u3067\u3042\u308b\u5f7c\u3089\u306b\u306f\u5206\u304b\u3063\u3066\u3044\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3053\u305d\u306f\u3001\u5f7c\u3089\u306e\u4e2d\u3067\u3082\u7279\u306b\u5f37\u304f\u3001\u91d1\u878d\u7de9\u548c\u3092\u8cc7\u672c\u4e3b\u7fa9\u7684\u3067\u306f\u306a\u3044\u3068\u3057\u3066\u6279\u5224\u3057\u3066\u3044\u305f\u6025\u5148\u92d2\u3060\u3063\u305f\u3002\u5f7c\u306f\u4ee5\u524d\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7794\" data-type=\"post\" data-id=\"7794\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u91cf\u7684\u7de9\u548c\u304c\u6df1\u523b\u306a\u30c7\u30d5\u30ec\u306e\u539f\u56e0\u3068\u306a\u308b (2018\/8\/8)<\/a><\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u308f\u308c\u308f\u308c\u306e\u306a\u304b\u3067\u5341\u5206\u306b\u5e74\u5bc4\u308a\u306a\u8005\u306f\u3001\u4fa1\u683c\u7d71\u5236\u3068\u3044\u3046\u3082\u306e\u306e\u5371\u967a\u6027\u3092\u5b9f\u969b\u306b\u76ee\u306b\u3057\u3066\u304d\u305f\u3002\u5e02\u5834\u3067\u4fa1\u683c\u3092\u6063\u610f\u7684\u306b\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u3059\u308c\u3070\u3001\u3082\u306e\u304c\u4e0d\u8db3\u3057\u305f\u308a\u3001\u8cc7\u6e90\u304c\u7121\u99c4\u9063\u3044\u3055\u308c\u305f\u308a\u3001\u6d88\u8cbb\u8005\u304c\u672c\u5f53\u306b\u6c42\u3081\u308b\u3082\u306e\u306b\u6295\u8cc7\u304c\u3055\u308c\u306a\u304f\u306a\u3063\u3066\u3057\u307e\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u65e5\u9280\u304c\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u3001\u3064\u307e\u308a\u56fd\u50b5\u306e\u91d1\u5229\u3068\u4fa1\u683c\u306b\u5236\u9650\u3092\u4ed8\u3051\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u91cf\u7684\u7de9\u548c\u3068\u306f\u56fd\u50b5\u5e02\u5834\u3092\u6063\u610f\u7684\u306b\u64cd\u4f5c\u3059\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u6063\u610f\u7684\u306b\u64cd\u4f5c\u3055\u308c\u305f\u4f4e\u91d1\u5229\u306b\u3088\u3063\u3066\u3001\u91d1\u5229\u304c\u9ad8\u3044\u307e\u307e\u3067\u3042\u308c\u3070\u501f\u91d1\u306e\u501f\u308a\u63db\u3048\u304c\u3067\u304d\u305a\u306b\u6f70\u308c\u3066\u3044\u305f\u30be\u30f3\u30d3\u4f01\u696d\u304c\u5ef6\u547d\u3055\u308c\u3001\u4e0d\u8981\u306a\u3082\u306e\u3084\u30b5\u30fc\u30d3\u30b9\u3092\u4f5c\u308a\u7d9a\u3051\u308b\u3002\u305d\u308c\u3089\u306f\u5f53\u7136\u58f2\u308c\u306a\u3044\u306e\u3067\u4fa1\u683c\u304c\u4e0b\u304c\u3063\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c1980\u5e74\u304b\u308940\u5e74\u7d9a\u3044\u305f\u30c7\u30d5\u30ec\u3068\u4f4e\u6210\u9577\u306e\u539f\u56e0\u3067\u3042\u308b\u3002\u4eba\u3005\u306f\u305d\u308c\u3092\u3088\u308a\u826f\u3044\u88fd\u54c1\u3092\u4f5c\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u3067\u306f\u306a\u304f\u3001\u7de9\u548c\u306b\u4f9d\u5b58\u3059\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u89e3\u6c7a\u3057\u3088\u3046\u3068\u3057\u305f\u3002\u305d\u308c\u3067\u307e\u3059\u307e\u3059\u4f4e\u6210\u9577\u304c\u9177\u304f\u306a\u308a\u3001\u30b3\u30ed\u30ca\u304c\u304d\u3063\u304b\u3051\u3067\u73fe\u91d1\u7d66\u4ed8\u3068\u3044\u3046\u7981\u5fcc\u306b\u624b\u3092\u51fa\u3059\u3053\u3068\u306b\u306a\u308a\u3001\u6df1\u523b\u306a\u30c7\u30d5\u30ec\u306f\u6df1\u523b\u306a\u30a4\u30f3\u30d5\u30ec\u3068\u5165\u308c\u66ff\u308f\u308a\u3001\u4f4e\u91d1\u5229\u306e\u6642\u4ee3\u304c\u7d42\u308f\u308b\u3002<\/p>\n\n\n\n<p><strong>\u8cc7\u672c\u4e3b\u7fa9\u5e02\u5834\u306e\u5fa9\u6d3b<\/strong><\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306fFed\u304c\u3088\u3046\u3084\u304f\u91d1\u878d\u7de9\u548c\u3092\u8ae6\u3081\u305f\u3053\u3068\u306b\u3064\u3044\u3066\u3001\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3082\u3057\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u304c\u4eca\u5f8c\u6570\u30f6\u6708\u306b\u3064\u3044\u3066\u8a9e\u3063\u305f\u901a\u308a\u306bFed\u304c\u884c\u52d5\u3059\u308b\u306a\u3089\u3070\u3001\u308f\u308c\u308f\u308c\u306f\u50b5\u5238\u5e02\u5834\u306e\u30e1\u30c3\u30bb\u30fc\u30b8\u3092\u3082\u3046\u4e00\u5ea6\u805e\u304f\u3053\u3068\u304c\u51fa\u6765\u308b\u3088\u3046\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u305d\u308c\u304c\u4f55\u3067\u3042\u308b\u3068\u3057\u3066\u3082\u3002<\/p><\/blockquote>\n\n\n\n<p>\u300c\u305d\u308c\u304c\u4f55\u3067\u3042\u308b\u3068\u3057\u3066\u3082\u300d\u3068\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u8a00\u3046\u3002\u73fe\u5728\u3001Fed\u306f2\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u4e0a\u6607\u306b\u5f93\u3063\u3066\u5229\u4e0a\u3052\u3092\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u50b5\u5238\u5e02\u5834\u306f\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u30be\u30f3\u30d3\u4f01\u696d\u306e\u6dd8\u6c70\u3092\u6307\u793a\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u50b5\u5238\u5e02\u5834\u306e\u4e88\u60f3\u80fd\u529b\u306b\u3064\u3044\u3066\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u91d1\u5229\u64cd\u4f5c\u306e\u6642\u4ee3\u4ee5\u524d\u306b\u306f\u3001\u50b5\u5238\u5e02\u5834\u3068\u91d1\u5229\u306f\u308f\u305f\u3057\u308495%\u306e\u7d4c\u6e08\u5b66\u8005\u306a\u3069\u3088\u308a\u3082\u512a\u308c\u305f\u666f\u6c17\u898b\u901a\u3057\u306e\u4e88\u60f3\u8005\u3060\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u91d1\u5229\u306f\u666f\u6c17\u304c\u826f\u304f\u306a\u308a\u305d\u3046\u3067\u3042\u308c\u3070\u4e0a\u6607\u3057\u3066\u904e\u71b1\u3092\u6291\u3048\u3001\u666f\u6c17\u304c\u60aa\u304f\u306a\u308a\u305d\u3046\u3067\u3042\u308c\u3070\u4f4e\u4e0b\u3057\u3066\u666f\u6c17\u3092\u652f\u3048\u308b\u3002\u3053\u308c\u3092\u7121\u7406\u77e2\u7406\u30bc\u30ed\u91d1\u5229\u306b\u56fa\u5b9a\u3059\u308b\u3068\u6700\u7d42\u7684\u306b\u306f\u7269\u4fa1\u304c\u9ad8\u9a30\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u682a\u5f0f\u5e02\u5834\u3067\u3082\u540c\u3058\u3067\u3042\u308b\u3002\u6d88\u8cbb\u8005\u306e\u6c42\u3081\u308b\u88fd\u54c1\u3084\u30b5\u30fc\u30d3\u30b9\u3092\u63d0\u4f9b\u3059\u308b\u4f01\u696d\u306e\u682a\u4fa1\u306f\u4e0a\u304c\u3063\u3066\u8cc7\u91d1\u3092\u96c6\u3081\u3084\u3059\u304f\u306a\u308a\u3001\u8ab0\u3082\u6b32\u3057\u304c\u3089\u306a\u3044\u3082\u306e\u3092\u4f5c\u308b\u4f01\u696d\u306e\u682a\u4fa1\u306f\u66b4\u843d\u3057\u3066\u5012\u7523\u3059\u308b\u3002\u682a\u4fa1\u3092\u7121\u7406\u77e2\u7406\u4e0a\u3052\u308c\u3070\u4e16\u306e\u4e2d\u304c\u4e0d\u8981\u306a\u3082\u306e\u3067\u3042\u3075\u308c\u304b\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u8ab0\u304c\u305d\u3093\u306a\u3053\u3068\u3092\u671b\u3093\u3060\u3060\u308d\u3046\u304b\uff1f\u3000\u30ea\u30d5\u30ec\u6d3e\u3068\u652f\u6301\u7387\u76ee\u5f53\u3066\u306e\u653f\u6cbb\u5bb6\u3067\u3042\u308b\u3002\u3060\u304b\u3089\u30c0\u30ea\u30aa\u6c0f\u306f\u300c\u653f\u5e9c\u304c\u91d1\u878d\u5371\u6a5f\u304b\u3089\u5b88\u3063\u3066\u304f\u308c\u308b\u3068\u601d\u3046\u306a\u300d\u3068\u8a00\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10473\" data-type=\"post\" data-id=\"10473\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: 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TO\u30c8\u30e9\u30d9\u30eb\u306e\u3088\u3046\u306b\u3001\u8cc7\u91d1\u3092\u7d4c\u6e08\u6210\u9577\u3067\u306f\u306a\u304f\u7968\u7530\u3078\u306e\u6492\u304d\u990c\u3092\u76ee\u7684\u3068\u3057\u3066\u632f\u308a\u5206\u3051\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u91d1\u878d\u7de9\u548c\u3084\u8ca1\u653f\u7de9\u548c\u306f\u307e\u3063\u305f\u304f\u8cc7\u672c\u4e3b\u7fa9\u7684\u3067\u3082\u5e02\u5834\u539f\u7406\u4e3b\u7fa9\u7684\u3067\u3082\u306a\u3044\u3002\u7de9\u548c\u306f\u5171\u7523\u4e3b\u7fa9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10831\" data-type=\"post\" data-id=\"10831\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: 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wp-block-quote-is-layout-flow\"><p>\u4e00\u4f53\u3069\u308c\u3060\u3051\u306e\u30be\u30f3\u30d3\u4f01\u696d\u304c\u7de9\u548c\u30de\u30cd\u30fc\u306b\u3088\u3063\u3066\u5ef6\u547d\u3055\u308c\u7d9a\u3051\u3066\u3044\u308b\u306e\u304b\u3001\u5b9f\u969b\u306e\u3068\u3053\u308d\u306f\u8ab0\u306b\u3082\u5206\u304b\u3063\u305f\u3082\u306e\u3067\u306f\u306a\u3044\u3002\u3042\u3089\u3086\u308b\u500b\u4eba\u304c\u6c38\u9060\u306b\u4e0a\u6607\u3059\u308b\u3068\u601d\u308f\u308c\u3066\u3044\u308b\u8cc7\u7523\u4fa1\u683c\u306b\u3068\u3081\u3069\u306a\u3044\u91cf\u306e\u8cc7\u91d1\u3092\u6ce8\u304e\u8fbc\u3093\u3067\u3044\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3060\u304c\u305d\u306e\u6642\u4ee3\u308240\u5e74\u6765\u306e\u7de9\u548c\u30d0\u30d6\u30eb\u5d29\u58ca\u3068\u3068\u3082\u306b\u7d42\u308f\u308b\u3002\u4eba\u3005\u306f\u30ea\u30d5\u30ec\u6d3e\u306e\u51fa\u9c48\u76ee\u3092\u6839\u62e0\u306a\u304f\u76f2\u4fe1\u3057\u305f\u30c4\u30b1\u3092\u5b58\u5206\u306b\u6255\u3046\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul 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