{"id":20954,"date":"2022-03-06T20:04:00","date_gmt":"2022-03-06T11:04:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=20954"},"modified":"2022-03-13T19:30:55","modified_gmt":"2022-03-13T10:30:55","slug":"%e3%82%a6%e3%82%af%e3%83%a9%e3%82%a4%e3%83%8a%e5%8d%b1%e6%a9%9f%e3%81%a7%e3%82%b3%e3%83%a2%e3%83%87%e3%82%a3%e3%83%86%e3%82%a3%e4%be%a1%e6%a0%bc%e9%ab%98%e9%a8%b0%e3%80%81%e5%b0%8f%e9%ba%a6%e3%82%92","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/20954","title":{"rendered":"\u30a6\u30af\u30e9\u30a4\u30ca\u5371\u6a5f\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u9ad8\u9a30\u3001\u5c0f\u9ea6\u3092\u4e00\u90e8\u5229\u78ba\u3057\u3066\u30b7\u30eb\u30d0\u30fc\u8cb7\u3044"},"content":{"rendered":"\n<p>\u4ee5\u524d\u8ff0\u3079\u305f\u901a\u308a\u682a\u5f0f\u5e02\u5834\u306b\u306f\u307b\u3068\u3093\u3069\u5f71\u97ff\u3092\u53ca\u307c\u3057\u3066\u3044\u306a\u3044\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u3060\u304c\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u8cc7\u6e90\u3084\u91d1\u5c5e\u3001\u8fb2\u4f5c\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3078\u306e\u5f71\u97ff\u306f\u5927\u304d\u304f\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\/20260\" data-type=\"post\" data-id=\"20260\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u539f\u56e0\u306f\u30ed\u30b7\u30a2\u3068\u30a6\u30af\u30e9\u30a4\u30ca\u3067\u306f\u306a\u3044<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u3053\u3067\u5404\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u9298\u67c4\u306e\u30c1\u30e3\u30fc\u30c8\u306e\u73fe\u72b6\u3092\u518d\u78ba\u8a8d\u3059\u308b\u3068\u3068\u3082\u306b\u3001\u7b46\u8005\u306e\u4fdd\u6709\u3059\u308b\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u4eca\u5f8c\u306b\u3064\u3044\u3066\u66f8\u304d\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>2022\u5e74\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u8cb7\u3044<\/strong><\/p>\n\n\n\n<p>\u307e\u305a\u305d\u3082\u305d\u3082\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u304c\u306a\u304f\u3068\u30822022\u5e74\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u5e74\u3060\u3063\u305f\u3002\u30b3\u30ed\u30ca\u5f8c\u306b\u4e16\u754c\u4e2d\u3067\u884c\u308f\u308c\u305f\u73fe\u91d1\u7d66\u4ed8\u306f\u5f53\u7136\u306e\u3088\u3046\u306b\u7269\u4fa1\u9ad8\u9a30\u3092\u3082\u305f\u3089\u3057\u3001\u305d\u306e\u4e0a\u306b\u8131\u70ad\u7d20\u653f\u7b56\u306b\u3088\u308b\u539f\u6cb9\u30fb\u5929\u7136\u30ac\u30b9\u4e0d\u8db3\u304c\u8ffd\u3044\u6253\u3061\u3092\u304b\u3051\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/20131\" data-type=\"post\" data-id=\"20131\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u30ac\u30bd\u30ea\u30f3\u306e\u4fa1\u683c\u9ad8\u9a30\u5bfe\u7b56\u3067\u30a4\u30f3\u30d5\u30ec\u60aa\u5316\u3078\u3000\u73fe\u91d1\u7d66\u4ed8\u306e\u60aa\u5922\u3092\u4eba\u306f\u3082\u3046\u5fd8\u308c\u3066\u3044\u308b<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/16442\" data-type=\"post\" data-id=\"16442\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u3092\u9ad8\u9a30\u3055\u305b\u308b\u8131\u70ad\u7d20\u653f\u7b56\u306f\u5065\u5168\u3067\u306f\u306a\u3044<\/a><\/li><\/ul>\n\n\n\n<p>\u73fe\u5728\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f7.5%\u3067\u63a8\u79fb\u3057\u3066\u3044\u308b\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u7b56\u91d1\u5229\u304c\u3044\u307e\u3060\u306b\u30bc\u30ed\u306b\u4fdd\u305f\u308c\u3066\u3044\u308b\u3088\u3046\u306a\u73fe\u72b6\u3067\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u66f4\u306b\u4e0a\u6607\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19786\" data-type=\"post\" data-id=\"19786\">1\u6708\u306e\u7c73\u56fdCPI\u306f7.5%\u306b\u52a0\u901f\u3001\u30b3\u30ed\u30ca\u304c\u5168\u529b\u3067\u30a4\u30f3\u30d5\u30ec\u3092\u652f\u63f4<\/a><\/li><\/ul>\n\n\n\n<p>\u4e00\u65b9\u3067\u7d19\u5e63\u5370\u5237\u3067\u7121\u7406\u77e2\u7406\u6301\u3061\u4e0a\u3052\u3089\u308c\u305f\u5b9f\u4f53\u7d4c\u6e08\u306f\u3001\u7269\u4fa1\u9ad8\u9a30\u3067\u7d19\u5e63\u5370\u5237\u304c\u51fa\u6765\u306a\u304f\u306a\u308a\u3001\u3057\u304b\u3082\u9006\u306b\u91d1\u878d\u5f15\u304d\u7de0\u3081\u304c\u5fc5\u8981\u3068\u306a\u308c\u3070\u6c88\u3093\u3067\u3086\u304f\u3057\u304b\u306a\u3044\u3060\u308d\u3046\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>2022\u5e74\u306e\u30c6\u30fc\u30de\u306f\u3053\u306e2\u3064\u306e\u529b\u3067\u3042\u308b\u30021\u3064\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u3042\u308a\u3001\u3082\u30462\u3064\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u3067\u3042\u308b\u3002\u3053\u308c\u3089\u3092\u7d44\u307f\u5408\u308f\u305b\u305f\u3082\u306e\u3092\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3068\u547c\u3076\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u72b6\u6cc1\u4e0b\u3067\u306e\u6295\u8cc7\u306f\u7c21\u5358\u3067\u306f\u306a\u3044\u30021970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u306b\u306f\u682a\u4fa1\u306f\u66b4\u843d\u3057\u305f\u304c\u3001\u30cb\u30af\u30bd\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u4f8b\u306e\u3088\u3046\u306b\u8ca8\u5e63\u4fa1\u5024\u306e\u66b4\u843d\u306f\u682a\u5f0f\u306e\u4fa1\u5024\u3092\u3044\u304f\u3089\u304b\u5e95\u4e0a\u3052\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u7b46\u8005\u304c\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u63d0\u6848\u3057\u305f\u306e\u304c\u4ee5\u4e0b\u306e\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18949\" data-type=\"post\" data-id=\"18949\">2022\u5e74\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u6295\u8cc7\u3059\u308b\u65b9\u6cd5 (2022\/1\/20)<\/a><\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u682a\u5f0f\u3092\u7a7a\u58f2\u308a\u3057\u3066\u3001\u540c\u984d\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u8cb7\u3046\u306e\u3067\u3042\u308b\u3002\u305d\u3046\u3059\u308c\u3070\u300c\u540d\u76ee\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u3092\u5dee\u3057\u5f15\u3044\u305f\u3001\u5b9f\u8cea\u7684\u306a\u4fa1\u683c\u6e1b\u5c11\u306b\u8ced\u3051\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u300d\u304c\u51fa\u6765\u4e0a\u304c\u308b\u3002\u305d\u308c\u3053\u305d\u304c\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u8a73\u7d30\u306f\u8a18\u4e8b\u306e\u65b9\u3092\u8aad\u3093\u3067\u3082\u3089\u3044\u305f\u3044\u304c\u3001\u682a\u5f0f\u306a\u3069\u3092\u7a7a\u58f2\u308a\u3059\u308b\u4e00\u65b9\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u8cb7\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u5177\u4f53\u7684\u306a\u9298\u67c4\u3068\u3057\u3066\u306f\u3001\u7a7a\u58f2\u308a\u5bfe\u8c61\u3068\u3057\u3066\u4ee5\u4e0b\u306e\u3082\u306e\u3092\u6319\u3052\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u7c73\u56fd\u5c0f\u578b\u682a\u6307\u6570<\/li><li>\u65e5\u672c\u682a\u3084\u30e8\u30fc\u30ed\u30c3\u30d1\u682a<\/li><li>\u30b8\u30e3\u30f3\u30af\u50b5<\/li><li>\u4e2d\u56fd\u95a2\u9023\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3<\/li><\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u8cb7\u3044\u5bfe\u8c61\u3068\u3057\u3066\u306f\u4ee5\u4e0b\u306e\u3082\u306e\u3092\u6319\u3052\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u30b4\u30fc\u30eb\u30c9<\/li><li>\u30a8\u30cd\u30eb\u30ae\u30fc\u8cc7\u6e90\u3084\u95a2\u9023\u9298\u67c4\u306e\u5b89\u3044\u3082\u306e<\/li><li>\u3068\u3046\u3082\u308d\u3053\u3057\u3084\u5927\u8c46\u3001\u5c0f\u9ea6\u306a\u3069\u8fb2\u4f5c\u7269<\/li><\/ul>\n\n\n\n<p><strong>\u7206\u76ca\u3092\u751f\u307f\u3060\u3057\u305f\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u30c8\u30ec\u30fc\u30c9<\/strong><\/p>\n\n\n\n<p>\u91d1\u878d\u5e02\u5834\u306e\u72b6\u6cc1\u3092\u30ea\u30a2\u30eb\u30bf\u30a4\u30e0\u3067\u8ffd\u3063\u3066\u3044\u308b\u8aad\u8005\u306b\u306f\u304a\u5206\u304b\u308a\u3060\u3068\u601d\u3046\u304c\u3001\u3053\u306e\u30c8\u30ec\u30fc\u30c9\u306f\u73fe\u5728\u7206\u767a\u7684\u306a\u5229\u76ca\u3092\u751f\u3093\u3067\u3044\u308b\u3002\u7a7a\u58f2\u308a\u3068\u8cb7\u3044\u306e\u4e21\u9762\u3067\u5132\u304b\u3063\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u7a7a\u58f2\u308a\u306e\u65b9\u306e\u6210\u529f\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u306e\u5f71\u97ff\u3092\u307b\u3068\u3093\u3069\u53d7\u3051\u3066\u3044\u306a\u3044\u3068\u8003\u3048\u3066\u3044\u308b\u30021\u6708\u306b\u4e88\u60f3\u3057\u305f\u72b6\u6cc1\u304c\u305d\u306e\u307e\u307e\u305d\u306e\u901a\u308a\u306b\u9032\u3093\u3067\u3044\u308b\u305f\u3081\u3001\u3053\u306e\u307e\u307e\u6295\u8cc7\u7d99\u7d9a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18367\" data-type=\"post\" data-id=\"18367\">2022\u5e74\u306e\u682a\u5f0f\u5e02\u5834\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u66b4\u843d\u3059\u308b (2022\/1\/6)<\/a><\/li><\/ul>\n\n\n\n<p>\u4e00\u65b9\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u8cb7\u3044\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u304c\u77ed\u671f\u7684\u306a\u4e0a\u6607\u8981\u56e0\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u539f\u6cb9\u4fa1\u683c\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u307e\u305a\u63b2\u8f09\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wti-crude-oil-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wti-crude-oil-chart.png\" alt=\"\" class=\"wp-image-20985\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wti-crude-oil-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wti-crude-oil-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u308c\u306f\u660e\u3089\u304b\u306b\u7523\u6cb9\u56fd\u30ed\u30b7\u30a2\u306b\u5bfe\u3059\u308b\u7d4c\u6e08\u5236\u88c1\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3053\u306e\u539f\u6cb9\u3088\u308a\u3082\u51c4\u307e\u3058\u3044\u52e2\u3044\u3067\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u304c\u3001\u7b46\u8005\u306e\u4fdd\u6709\u3059\u308b\u5c0f\u9ea6\u3067\u3042\u308b\u3002\u5c0f\u9ea6\u4fa1\u683c\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u63b2\u8f09\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-chart.png\" alt=\"\" class=\"wp-image-20990\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>1\u6708\u6642\u70b9\u3067\u306f\u5c0f\u9ea6\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u4e2d\u3067\u5272\u5b89\u3060\u3068\u601d\u3063\u3066\u4fdd\u6709\u3057\u3066\u3044\u305f\u306e\u3060\u304c\u30012\u9031\u9593\u307b\u3069\u306740%\u4ee5\u4e0a\u3082\u66b4\u9a30\u3057\u3066\u3057\u307e\u3063\u305f\u3002\u5c0f\u9ea6\u306f\u30ed\u30b7\u30a2\u304c\u7b2c1\u4f4d\u306e\u8f38\u51fa\u56fd\u3067\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u3082\u5e74\u306b\u3082\u3088\u308b\u304c3\u4f4d\u4ed8\u8fd1\u306b\u4ed8\u3051\u3066\u3044\u308b\u305f\u3081\u3001\u8cbf\u6613\u3078\u306e\u5f71\u97ff\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3088\u308a\u9577\u671f\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u898b\u308b\u3068\u6b21\u306e\u3088\u3046\u306b\u306a\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\/03\/2022-3-6-wheat-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-long-term-chart.png\" alt=\"\" class=\"wp-image-20993\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-wheat-long-term-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u524d\u306e\u30d0\u30d6\u30eb\u3067\u3042\u308b2008\u5e74\u306e\u6700\u9ad8\u5024\u306b\u8fd1\u3044\u6c34\u6e96\u3067\u3042\u308b\u3002\u77ed\u671f\u7684\u306b\u306f\u6025\u9a30\u3060\u304c\u3001\u9577\u671f\u7684\u306b\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u304c\u306a\u304f\u3068\u3082\u3053\u3053\u307e\u3067\u306f\u6765\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u304b\u3002\u8003\u3048\u3066\u3082\u3089\u3044\u305f\u3044\u306e\u3060\u304c\u3001\u7269\u4fa1\u9ad8\u9a30\u3067\u5c0f\u9ea6\u306a\u3069\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u304c\u4e0a\u304c\u308b\u306e\u306f\u5f53\u7136\u3067\u3042\u308b\u30022008\u5e74\u306e\u30d0\u30d6\u30eb\u5d29\u58ca\u524d\u306b\u3082\u7269\u4fa1\u306f\u4e0a\u304c\u3063\u3066\u3044\u305f\u3002\u3060\u304c\u5f53\u6642\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u5929\u4e95\u306f5.5%\u3001\u4eca\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f7.5%\u3067\u307e\u3060\u5929\u4e95\u3067\u306f\u306a\u3044\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u306a\u3063\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\/03\/2022-3-6-us-cpi-growth-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"452\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-us-cpi-growth-long-term-chart.png\" alt=\"\" class=\"wp-image-21002\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-us-cpi-growth-long-term-chart.png 452w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-us-cpi-growth-long-term-chart-290x300.png 290w\" sizes=\"auto, (max-width: 452px) 100vw, 452px\" \/><\/a><\/figure>\n\n\n\n<p>\u3060\u304b\u3089\u3080\u3057\u308d\u9577\u671f\u7684\u306b\u306f\u5c0f\u9ea6\u4fa1\u683c\u306f2008\u5e74\u306e\u5929\u4e95\u3092\u8d8a\u3048\u306a\u3051\u308c\u3070\u304a\u304b\u3057\u3044\u3002\u4e00\u65b9\u3067\u5c0f\u9ea6\u3092\u4fdd\u6709\u3057\u7d9a\u3051\u308b\u3079\u304d\u304b\u3069\u3046\u304b\u306f\u3001\u4ed6\u306b\u5b89\u3044\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u304c\u6b8b\u3063\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u306b\u3088\u308b\u3002<\/p>\n\n\n\n<p><strong>\u3068\u3046\u3082\u308d\u3053\u3057\u3068\u5927\u8c46<\/strong><\/p>\n\n\n\n<p>\u4ed6\u306e\u9298\u67c4\u306f\u3069\u3046\u3060\u308d\u3046\u304b\uff1f\u3000\u7b46\u8005\u304c\u4fdd\u6709\u3059\u308b\u4ed6\u306e\u8fb2\u4f5c\u7269\u306f\u3001\u305f\u3068\u3048\u3070\u3068\u3046\u3082\u308d\u3053\u3057\u3067\u3042\u308b\u3002\u307e\u305a\u306f\u6700\u8fd1\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u3088\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-chart.png\" alt=\"\" class=\"wp-image-21009\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u4e0a\u6607\u5e45\u306f20%\u7a0b\u5ea6\u3060\u308d\u3046\u304b\u3002\u5c0f\u9ea6\u306e40%\u3092\u898b\u3066\u3057\u307e\u3063\u305f\u5f8c\u3067\u306f\u5927\u3057\u305f\u3053\u3068\u306e\u306a\u3044\u3088\u3046\u306b\u601d\u3048\u308b\u3002\u8d05\u6ca2\u306a\u8a71\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u9577\u671f\u7684\u306b\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u306a\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\/03\/2022-3-6-corn-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-long-term-chart.png\" alt=\"\" class=\"wp-image-21013\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-corn-long-term-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u9577\u671f\u7684\u306b\u306f\u5c0f\u9ea6\u3068\u540c\u3058\u304f\u3089\u3044\u4e0a\u304c\u3063\u3066\u3044\u308b\u3068\u8a00\u3048\u308b\u3002\u5c0f\u9ea6\u304c\u5143\u3005\u5272\u5b89\u3060\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u5c0f\u9ea6\u304c\u3068\u3046\u3082\u308d\u3053\u3057\u306b\u6bd4\u3079\u3066\u5272\u5b89\u3060\u3063\u305f\u304b\u3068\u8a00\u3048\u3070\u3001\u3068\u3046\u3082\u308d\u3053\u3057\u3084\u5927\u8c46\u306f\u30d0\u30a4\u30aa\u71c3\u6599\u3068\u306a\u308b\u305f\u3081\u3001\u8131\u70ad\u7d20\u306e\u5f71\u97ff\u3067\u5143\u3005\u4e0a\u304c\u3063\u3066\u3044\u305f\u539f\u6cb9\u4fa1\u683c\u306b\u9023\u52d5\u3057\u3066\u3044\u305f\u306e\u3067\u3042\u308b\u3002\u3064\u307e\u308a\u3001\u3068\u3046\u3082\u308d\u3053\u3057\u3068\u5927\u8c46\u306f\u8131\u70ad\u7d20\u9298\u67c4\u3067\u3042\u308b\u3002\uff08\u539f\u6cb9\u3082\u8131\u70ad\u7d20\u9298\u67c4\u3068\u3044\u3046\u306e\u304c\u76ae\u8089\u306a\u8a71\u3067\u3042\u308b\u3002\uff09<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19092\" data-type=\"post\" data-id=\"19092\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3001\u74b0\u5883\u30b5\u30df\u30c3\u30c8\u3067\u8131\u70ad\u7d20\u306b\u8b66\u9418\u3001\u539f\u6cb9\u696d\u8005\u3092\u8cdb\u7f8e<\/a><\/li><\/ul>\n\n\n\n<p>\u5927\u8c46\u3082\u540c\u3058\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u304c\u3001\u9577\u671f\u30c1\u30e3\u30fc\u30c8\u3060\u3051\u8f09\u305b\u3066\u304a\u3053\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-soybean-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-soybean-long-term-chart.png\" alt=\"\" class=\"wp-image-21016\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-soybean-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-soybean-long-term-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u5272\u5b89\u306a\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306f\u3042\u308b\u304b<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u3088\u308a\u5b89\u3044\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u9298\u67c4\u306f\u3042\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u4e0a\u306b\u6319\u3052\u305f\u7b46\u8005\u306e\u4fdd\u6709\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306b\u306f\u4ed6\u306b\u30b4\u30fc\u30eb\u30c9\u304c\u3042\u308b\u3002\u30b4\u30fc\u30eb\u30c9\u3082\u4e0a\u304c\u3063\u3066\u306f\u3044\u308b\u304c\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u306e\u5f71\u97ff\u306f\u9650\u3089\u308c\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\/03\/2022-3-6-gold-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-gold-chart.png\" alt=\"\" class=\"wp-image-21027\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-gold-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-gold-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u306f\u7279\u306b2022\u5e74\u306e\u682a\u4fa1\u66b4\u843d\u5f8c\uff08\u3064\u307e\u308a\u666f\u6c17\u5f8c\u9000\u78ba\u5b9a\u5f8c\uff09\u306b\u672c\u9818\u767a\u63ee\u304c\u4e88\u60f3\u3067\u304d\u308b\u9298\u67c4\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19117\" data-type=\"post\" data-id=\"19117\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306f2018\u5e74\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u7e70\u308a\u8fd4\u305d\u3046\u3068\u3057\u3066\u3044\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u3060\u304b\u3089\u30a6\u30af\u30e9\u30a4\u30ca\u554f\u984c\u3067\u4e0a\u304c\u308a\u3059\u304e\u305f\u9298\u67c4\u3092\u5229\u76ca\u78ba\u5b9a\u3057\u3066\u305d\u306e\u5206\u30b4\u30fc\u30eb\u30c9\u3092\u5897\u3084\u3059\u624b\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306b\u306f\u307e\u3060\u5168\u7136\u4e0a\u304c\u308a\u304d\u3063\u3066\u3044\u306a\u3044\u9298\u67c4\u304c\u5b58\u5728\u3059\u308b\u3002\u30b7\u30eb\u30d0\u30fc\u3067\u3042\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\/03\/2022-3-6-silver-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-silver-long-term-chart.png\" alt=\"\" class=\"wp-image-21030\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-silver-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/03\/2022-3-6-silver-long-term-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u4f55\u3068\u3044\u3046\u51fa\u9045\u308c\u3060\u308d\u3046\u3002\u3057\u304b\u3082\u30b7\u30eb\u30d0\u30fc\u306f\u9280\u98df\u5668\u306a\u3069\u306b\u3082\u4f7f\u308f\u308c\u308b\u3053\u3068\u304b\u3089\u3001\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u3067\u90e8\u5206\u7684\u306b\u898b\u3089\u308c\u308b\u3088\u3046\u306a\u897f\u5074\u8af8\u56fd\u306b\u304a\u3051\u308b\u79c1\u7684\u6a29\u5229\u306e\u5236\u9650\u304c\u6fc0\u5316\u3059\u308c\u3070\u4eba\u3005\u304c\u81ea\u5206\u306e\u5bb6\u306b\u96a0\u3059\u3053\u3068\u306e\u3067\u304d\u308b\u73fe\u7269\u8cc7\u7523\u3067\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/20889\" data-type=\"post\" data-id=\"20889\">\u6b27\u7c73\u8af8\u56fd\u3092\u5e2d\u5dfb\u3059\u308b\u53cd\u30ed\u30b7\u30a2\u540c\u8abf\u5727\u529b<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u7b46\u8005\u306f\u5c0f\u9ea6\u3001\u3068\u3046\u3082\u308d\u3053\u3057\u3001\u5927\u8c46\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u3046\u3061\u3001\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u30c8\u30ec\u30fc\u30c9\u958b\u59cb\u5f53\u521d\u304b\u3089\u306e\u542b\u307f\u76ca\u306e\u90e8\u5206\uff08\u4f8b\u3048\u3070\u5c0f\u9ea6\u306f40%\u4ee5\u4e0a\u306e\u4e0a\u6607\u5206\uff09\u3092\u3059\u3079\u3066\u58f2\u5374\u3057\u3001\u51fa\u6765\u305f\u4f59\u5270\u8cc7\u91d1\u3067\u9280\u3092\u8cb7\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u3084\u308a\u65b9\u3060\u3068\u4fa1\u683c\u304c\u6025\u4e0a\u6607\u3057\u3066\u3044\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u307b\u3069\u591a\u304f\u58f2\u308b\u3053\u3068\u306b\u306a\u308b\u306e\u3067\u3001\u5272\u9ad8\u306a\u3082\u306e\u307b\u3069\u58f2\u308b\u3053\u3068\u304c\u51fa\u6765\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u7a7a\u58f2\u308a\u306e\u90e8\u5206\u306f\u9006\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u591a\u5c11\u7e2e\u3093\u3067\u3044\u308b\uff08\u7a7a\u58f2\u308a\u306f\u6210\u529f\u3059\u308b\u3068\u91d1\u984d\u304c\u4e0b\u304c\u308b\u306e\u3067\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u7e2e\u3080\uff09\u304c\u3001\u8cb7\u3044\u3068\u58f2\u308a\u306e\u7dcf\u984d\u304c\u5408\u308f\u306a\u304f\u306a\u3063\u305f\u90e8\u5206\u306f\u9069\u5b9c\u58f2\u308a\u3092\u5897\u3084\u3059\u3053\u3068\u3067\u5bfe\u5fdc\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u8aad\u8005\u306b\u77e5\u3063\u3066\u304a\u3044\u3066\u307b\u3057\u3044\u306e\u306f\u3001\u7269\u4fa1\u9ad8\u9a30\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u9ad8\u9a30\u3068\u4e00\u53e3\u306b\u8a00\u3063\u3066\u3082\u72b6\u6cc1\u306b\u3088\u3063\u3066\u5148\u306b\u4e0a\u304c\u308b\u9298\u67c4\u3082\u3042\u308c\u3070\u51fa\u9045\u308c\u3082\u3042\u308a\u3001\u307e\u3060\u4e0a\u304c\u3063\u3066\u3044\u306a\u3044\u9298\u67c4\u306b\u4e57\u308a\u63db\u3048\u308b\u3053\u3068\u3067\u4e0a\u3052\u76f8\u5834\u30922\u56de\u53d6\u308b\u3053\u3068\u3082\u51fa\u6765\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u76f8\u5834\u304c100%\u4e0a\u304c\u3063\u305f\u3068\u3057\u3066\u3082\u3001\u5229\u76ca\u304c\u6700\u5927100%\u306b\u7559\u307e\u308b\u3068\u306f\u9650\u3089\u306a\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4ee5\u524d\u8ff0\u3079\u305f\u901a\u308a\u682a\u5f0f\u5e02\u5834\u306b\u306f\u307b\u3068\u3093\u3069\u5f71\u97ff\u3092\u53ca\u307c\u3057\u3066\u3044\u306a\u3044\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u3060\u304c\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u8cc7\u6e90\u3084\u91d1\u5c5e\u3001\u8fb2\u4f5c\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u3078\u306e\u5f71\u97ff\u306f\u5927\u304d\u304f\u306a\u3063\u3066\u3044\u308b\u3002 \u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u539f\u56e0\u306f\u30ed\u30b7\u30a2\u3068\u30a6\u30af\u30e9\u30a4\u30ca\u3067\u306f\u306a\u3044 \u305d\u3053\u3067\u5404\u30b3 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/20954\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30a6\u30af\u30e9\u30a4\u30ca\u5371\u6a5f\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u4fa1\u683c\u9ad8\u9a30\u3001\u5c0f\u9ea6\u3092\u4e00\u90e8\u5229\u78ba\u3057\u3066\u30b7\u30eb\u30d0\u30fc\u8cb7\u3044<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,57,176,178,109,110],"tags":[167,179],"class_list":["post-20954","post","type-post","status-publish","format-standard","hentry","category-wheat","category-commodity-markets","category-corn","category-silver","category-crude-oil","category-gold","tag-inflation","tag-russia-ukraine-war"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/20954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=20954"}],"version-history":[{"count":100,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/20954\/revisions"}],"predecessor-version":[{"id":21063,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/20954\/revisions\/21063"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=20954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=20954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=20954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}