{"id":32436,"date":"2023-01-02T20:50:01","date_gmt":"2023-01-02T11:50:01","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=32436"},"modified":"2023-01-02T20:50:03","modified_gmt":"2023-01-02T11:50:03","slug":"%e3%82%b8%e3%83%a0%e3%83%bb%e3%83%ad%e3%82%b8%e3%83%a3%e3%83%bc%e3%82%ba%e6%b0%8f-1970%e5%b9%b4%e4%bb%a3%e3%81%ab%e3%81%af%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e3%82%92%e6%ae%ba%e3%81%99%e3%81%9f","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32436","title":{"rendered":"\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: 1970\u5e74\u4ee3\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u6bba\u3059\u305f\u3081\u306b\u91d1\u5229\u306f21%\u307e\u3067\u4e0a\u304c\u3063\u305f"},"content":{"rendered":"\n<p>2023\u5e74\u6700\u521d\u306e\u6295\u7a3f\u306f\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u306b\u3057\u3088\u3046\u3002\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u3068\u3082\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u3001GELDmeisterin\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u30671970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30b3\u30ed\u30ca\u5f8c\u306e\u7269\u4fa1\u9ad8\u9a30<\/strong><\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u3082\u3046\u4f55\u5341\u5e74\u3082\u8d77\u3053\u3063\u3066\u3044\u306a\u304b\u3063\u305f\u3002\u3060\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u306e\u6642\u4ee3\u306b\u91d1\u878d\u5e02\u5834\u3092\u4e88\u60f3\u3059\u308b\u305f\u3081\u306b\u306f\u3001\u904e\u53bb\u306b\u30a4\u30f3\u30d5\u30ec\u3060\u3063\u305f\u6642\u4ee3\u3001\u3064\u307e\u308a\u306f1970\u5e74\u4ee3\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u306b\u682a\u5f0f\u3084\u50b5\u5238\u304c\u3069\u3046\u52d5\u3044\u305f\u304b\u3092\u7814\u7a76\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30b3\u30ed\u30ca\u5f8c\u306b\u30a4\u30f3\u30d5\u30ec\u3092\u4e88\u60f3\u3057\u3066\u305d\u306e\u7814\u7a76\u3092\u4e00\u756a\u6700\u521d\u306b\u59cb\u3081\u305f\u306e\u306fBridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3060\u3063\u305f\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/9645\" data-type=\"post\" data-id=\"9645\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3001\u300c\u73fe\u91d1\u304c\u30b4\u30df\u300d\u306b\u306a\u3063\u305f\u30cb\u30af\u30bd\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u7d4c\u9a13\u3092\u8a9e\u308b (2020\/3\/28)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u8a18\u4e8b\u306f2020\u5e743\u6708\u3067\u3042\u308b\u3002\u5f53\u6642\u3001\u4f55\u6545\u5f7c\u304c\u3044\u304d\u306a\u308a\u73fe\u91d1\u304c\u30b4\u30df\u306b\u306a\u3063\u305f\u6642\u306e\u3053\u3068\u3092\u8a9e\u308a\u59cb\u3081\u305f\u306e\u304b\u3092\u7406\u89e3\u3057\u3066\u3044\u305f\u4eba\u306f\u5c11\u306a\u304b\u3063\u305f\u3060\u308d\u3046\u3002\u3060\u304c\u30c0\u30ea\u30aa\u6c0f\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u73fe\u91d1\u306e\u3070\u3089\u6492\u304d\u3067\u7d19\u5e63\u304c\u30b4\u30df\u306b\u306a\u308b\u3053\u3068\uff08\u3064\u307e\u308a\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u308b\u3053\u3068\uff09\u3092\u30012020\u5e743\u6708\u306e\u6642\u70b9\u3067\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002\u5f53\u6642\u3001\u307e\u3060\u30a2\u30e1\u30ea\u30ab\u306f\u7b2c1\u6ce2\u3067\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u5f8c\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u304c1970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u306b\u3064\u3044\u3066\u8a9e\u308a\u59cb\u3081\u305f\u304c\u30012022\u5e74\u7d42\u76e4\u306b\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u3088\u3046\u3084\u304f\u4e0b\u304c\u308a\u59cb\u3081\u3066\u304b\u3089\u306f\u3001\u305d\u306e\u8a71\u984c\u306f\u5c11\u306a\u304f\u306a\u3063\u305f\u3088\u3046\u306b\u601d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u7b46\u8005\u306e\u610f\u898b\u3067\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u308a\u59cb\u3081\u305f\u6642\u3053\u305d1970\u5e74\u4ee3\u3092\u8003\u3048\u308b\u3079\u304d\u3067\u3042\u308b\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u304c\u308a\u59cb\u3081\u3066\u304b\u3089\u304c\u30a4\u30f3\u30d5\u30ec\u5371\u6a5f\u306e\u672c\u756a\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24345\" data-type=\"post\" data-id=\"24345\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u666f\u6c17\u5f8c\u9000\u4e88\u60f3: \u73fe\u91d1\u7d66\u4ed8\u306e\u30c4\u30b1\u3092\u6255\u3046\u3053\u3068\u306b\u306a\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>1970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30<\/strong><\/p>\n\n\n\n<p>1970\u5e74\u4ee3\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u30ed\u30b8\u30e3\u30fc\u30ba\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\">\n<p>1970\u5e74\u4ee3\u306b\u306f\u5927\u304d\u306a\u7269\u4fa1\u9ad8\u9a30\u304c\u3042\u3063\u305f\u3002\u7686\u306f1970\u5e74\u4ee3\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u899a\u3048\u3066\u3044\u308b\u307b\u3069\u5e74\u5bc4\u308a\u3067\u306f\u306a\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u5f53\u6642\u7269\u4fa1\u306f\u4e0a\u304c\u308a\u3001\u4e2d\u592e\u9280\u884c\u306f\u5229\u4e0a\u3052\u3092\u884c\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u3092\u3069\u3046\u306b\u304b\u3059\u308b\u305f\u3081\u306b\u305d\u3046\u3059\u308b\u3057\u304b\u306a\u304b\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u653f\u5e9c\u306f\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u304d\u3066\u3044\u306a\u3044\u9593\u306f\u3044\u304f\u3089\u3067\u3082\u7d19\u5e63\u3092\u5370\u5237\u3057\u3088\u3046\u3068\u3057\u305f\u3002\u3060\u304c\u305d\u306e\u5f53\u7136\u306e\u7d50\u679c\u3068\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u3053\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19942\" data-type=\"post\" data-id=\"19942\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u3066\u9a5a\u3044\u3066\u3044\u308b\u30ea\u30d5\u30ec\u6d3e\u306f\u99ac\u9e7f\u3058\u3083\u306a\u3044\u306e\u304b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u3072\u3068\u305f\u3073\u7269\u4fa1\u304c\u4e0a\u304c\u308b\u3068\u3001\u30c7\u30d5\u30ec\u3067\u3042\u308b\u9593\u306f\u3044\u304f\u3089\u3067\u3082\u884c\u3048\u308b\u3088\u3046\u306b\u898b\u3048\u305f\u7d19\u5e63\u5370\u5237\u304c\u3067\u304d\u306a\u304f\u306a\u308b\u3002\u7d19\u5e63\u3092\u66f4\u306b\u5370\u5237\u3059\u308c\u3070\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u3089\u306a\u304f\u306a\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3067\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u304c\u3067\u304d\u306a\u304f\u306a\u308a\u30012022\u5e74\u306b\u306f\u9042\u306b\u65e5\u9280\u3055\u3048\u3082\u5229\u4e0a\u3052\u3092\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31979\" data-type=\"post\" data-id=\"31979\">\u65e5\u9280\u304cYCC\u5909\u66f4\u3067\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607\u3092\u8a31\u5bb9\u3001\u65e5\u672c\u3082\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u666f\u6c17\u5f8c\u9000\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u3093\u306a\u3053\u3068\u306f\u4f55\u5ea6\u3082\u8d77\u304d\u3066\u3044\u308b\u30021970\u5e74\u4ee3\u3082\u540c\u3058\u7406\u7531\u3067\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u3053\u3063\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u3053\u308b\u307e\u3067\u306f\u3001\u8ab0\u3082\u304c\u7d19\u5e63\u5370\u5237\u306f\u554f\u984c\u306a\u3044\u3068\u4fe1\u3058\u8fbc\u3093\u3060\u3002\u305d\u306e\u5984\u60f3\u306fMMT\u306a\u3069\u3068\u547c\u3070\u308c\u3066\u3042\u305f\u304b\u3082\u4f55\u304b\u306e\u7406\u8ad6\u3067\u3042\u308b\u304b\u306e\u3088\u3046\u306b\u5439\u8074\u3055\u308c\u308b\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u3053\u308c\u3070\u305d\u3046\u3057\u305f\u8a71\u3082\u4e00\u77ac\u3067\u5439\u304d\u98db\u3070\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31597\" data-type=\"post\" data-id=\"31597\">\u30cf\u30a4\u30a8\u30af: \u7de9\u3084\u304b\u306a\u30a4\u30f3\u30d5\u30ec\u304c\u6709\u76ca\u3067\u3042\u308b\u3068\u3044\u3046\u5e7b\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u5b9f\u969b\u306b\u306fMMT\u306f\u4f55\u3089\u65b0\u3057\u3044\u8a71\u3067\u306f\u306a\u3044\u3002\u305d\u3046\u3044\u3046\u304a\u3068\u304e\u8a71\u306f2022\u5e74\u3069\u3053\u308d\u304b19\u4e16\u7d00\u306b\u3082\u5b58\u5728\u3057\u305f\u3002\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u304d\u3066\u304b\u3089\u306f\u8ab0\u3082\u305d\u306e\u8a71\u3092\u3057\u306a\u304f\u306a\u308b\u3002MMT\u4fe1\u8005\u306e\u767a\u751f\u3068\u6d88\u6ec5\u3082\u542b\u3081\u3066\u3001\u305d\u306e\u4e00\u9023\u306e\u6d41\u308c\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u30b5\u30a4\u30af\u30eb\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u91d1\u5229\u9ad8\u9a30\u3078<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u304c\u767a\u751f\u3059\u308c\u3070\u91d1\u5229\u3092\u4e0a\u3052\u308b\u3057\u304b\u306a\u3044\u3002\u4e0a\u3052\u306a\u3051\u308c\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u306f\u60aa\u5316\u3057\u3001\u901a\u8ca8\u306f\u66b4\u843d\u3059\u308b\u3060\u308d\u3046\u3002\u3060\u304c\u91d1\u5229\u3092\u4e0a\u3052\u308c\u3070\u682a\u5f0f\u3068\u50b5\u5238\u304c\u6b7b\u3093\u3067\u3086\u304f\u3002\u3069\u3061\u3089\u304b\u3057\u304b\u9078\u3079\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29314\" data-type=\"post\" data-id=\"29314\">\u30dd\u30b8\u30e3\u30fc\u30eb\u6c0f: \u4e2d\u592e\u9280\u884c\u306f\u91d1\u5229\u9ad8\u9a30\u304b\u901a\u8ca8\u4e0b\u843d\u304b\u3092\u9078\u3076\u3053\u3068\u306b\u306a\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>1970\u5e74\u4ee3\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u91d1\u5229\u4e0a\u6607\u3092\u9078\u3093\u3060\u3002\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u5f53\u6642\u3001\u7c73\u56fd\u50b5\u306e\u91d1\u5229\u306f21%\u3060\u3063\u305f\u3002\u8aa4\u690d\u3067\u306f\u306a\u3044\u3002\u30a4\u30f3\u30d5\u30ec\u3092\u6bba\u3059\u305f\u3081\u306b21%\u307e\u3067\u4e0a\u304c\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u6210\u529f\u3057\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u306f\u6bba\u305b\u305f\u3002\u3060\u304c\u305d\u306e\u4ee3\u308f\u308a\u306b\u91d1\u5229\u306f21%\u307e\u3067\u4e0a\u304c\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304b\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u305d\u306e\u4ee3\u511f\u306f\u4f55\u304b\uff1f\u3000\u4e0d\u6cc1\u3068\u5927\u91cf\u5931\u696d\u3067\u3042\u308b\u3002\u305d\u306e\u72b6\u6cc1\u304c\u3069\u3046\u3044\u3046\u3082\u306e\u3060\u3063\u305f\u304b\u306f\u3001\u305d\u306e\u6642\u91d1\u5229\u3092\u4e0a\u3052\u305f\u5f35\u672c\u4eba\u304c\u8a9e\u3063\u3066\u304f\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27377\" data-type=\"post\" data-id=\"27377\">\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u6c0f\u30011980\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u304c\u3069\u308c\u3060\u3051\u53b3\u3057\u304b\u3063\u305f\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u5f53\u6642\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6700\u9ad8\u306715%\u3067\u3042\u308b\u30022022\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6700\u9ad8\u30679%\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u5f53\u6642\u3068\u4eca\u3067\u306fCPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u306e\u8a08\u7b97\u65b9\u6cd5\u304c\u9055\u3044\u3001\u305d\u308c\u3092\u8003\u616e\u3059\u308c\u3070\u4eca\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u65e2\u306b\u5f53\u6642\u306e\u6c34\u6e96\u306b\u5339\u6575\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u306e\u8ad6\u6587\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u5f53\u6642\u300115%\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u6bba\u3059\u305f\u3081\u306b\u91d1\u5229\u309220%\u8fd1\u8fba\u307e\u3067\u4e0a\u3052\u305f\u4e00\u65b9\u3067\u3001\u73fe\u5728\u3067\u306f9%\u306e\u30a4\u30f3\u30d5\u30ec\u304c4%\u306e\u91d1\u5229\u3067\u53ce\u307e\u308d\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u4eca\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u63b2\u8f09\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31823\" data-type=\"post\" data-id=\"31823\">11\u6708\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6025\u6e1b\u901f\u7d99\u7d9a\u30677.1%\u3001\u30c9\u30eb\u5b89\u52a0\u901f\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-nov-us-cpi-growth.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-nov-us-cpi-growth.png\" alt=\"\" class=\"wp-image-31826\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-nov-us-cpi-growth.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-nov-us-cpi-growth-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u91d1\u5229\u3092\u305d\u308c\u307b\u3069\u4e0a\u3052\u306a\u304f\u3066\u826f\u3044\u3053\u3068\u306e\u610f\u5473<\/strong><\/p>\n\n\n\n<p>4%\u306e\u91d1\u5229\u3067\u30a4\u30f3\u30d5\u30ec\u304c\u53ce\u307e\u308a\u304b\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u3069\u3046\u89e3\u91c8\u3059\u308b\u3079\u304d\u3060\u308d\u3046\u304b\u3002\u30ed\u30b8\u30e3\u30fc\u30ba\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\">\n<p>\u4eca\u306e\u91d1\u5229\u304c\u3044\u304f\u3089\u304b\u77e5\u3063\u3066\u3044\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u91d1\u5229\u306f\u3082\u3063\u3068\u4e0a\u304c\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u30a4\u30f3\u30d5\u30ec\u306f\u7d42\u308f\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306e\u89e3\u91c8\u306f\u3001\u73fe\u5728\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u306f\u9577\u671f\u7684\u306a\u3082\u306e\u3067\u306f\u306a\u304f\u3001\u672c\u5f53\u306e\u610f\u5473\u3067\u306f\u30a4\u30f3\u30d5\u30ec\u306f\u53ce\u307e\u3063\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u91d1\u5229\u306f\u4e0a\u304c\u308b\u3002\u6bce\u65e5\u3001\u6bce\u9031\u3001\u6bce\u6708\u91d1\u5229\u304c\u4e0a\u304c\u308b\u3068\u8a00\u3063\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u3002\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u5b8c\u5168\u306b\u6291\u5236\u3059\u308b\u307e\u3067\u306b\u91d1\u5229\u306f\u3082\u3063\u3068\u4e0a\u304c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u5f53\u6642\u3088\u308a\u3082\u4eca\u306e\u307b\u3046\u304c\u6df1\u523b\u3060\u3002\u30a4\u30f3\u30d5\u30ec\u306f\u6df1\u304f\u6839\u4ed8\u3044\u3066\u3057\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5f7c\u306e\u610f\u898b\u306e\u80cc\u666f\u306b\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u3068\u3068\u3082\u306b\u7d4c\u6e08\u6210\u9577\u7387\u304c\u6025\u843d\u3057\u3066\u666f\u6c17\u5f8c\u9000\u306b\u5165\u308c\u3070\u3001\u653f\u5e9c\u306f\u30a4\u30f3\u30d5\u30ec\u9000\u6cbb\u3092\u653e\u68c4\u3057\u3066\u7de9\u548c\u306b\u8ee2\u63db\u3059\u308b\u3060\u308d\u3046\u3068\u3044\u3046\u4e88\u6e2c\u3082\u5165\u3063\u3066\u3044\u308b\u306e\u3060\u308d\u3046\u3002\u5f7c\u306f\u30a4\u30f3\u30d5\u30ec\u7b2c2\u6ce2\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29942\" data-type=\"post\" data-id=\"29942\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: \u666f\u6c17\u5f8c\u9000\u3067\u7d19\u5e63\u5370\u5237\u518d\u958b\u3001\u30a4\u30f3\u30d5\u30ec\u7b2c2\u6ce2\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c4%\u306e\u91d1\u5229\u3067\u30a4\u30f3\u30d5\u30ec\u7387\u6025\u843d\u306e\u4e8b\u5b9f\u3092\u3001\u7b46\u8005\u306f\u307e\u305f\u5225\u306e\u610f\u5473\u3067\u53d7\u3051\u53d6\u3063\u3066\u3044\u308b\u3002\u3064\u307e\u308a\u3001\u4eca\u306e\u7d4c\u6e08\u306f4%\u306e\u91d1\u5229\u306b\u3082\u8010\u3048\u3089\u308c\u306a\u3044\u307b\u3069\u75db\u3093\u3067\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>1970\u5e74\u4ee3\u306e\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u3001\u9006\u306b\u8a00\u3048\u307020%\u8fd1\u8fba\u307e\u3067\u91d1\u5229\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u7d4c\u6e08\u304c\u6e1b\u901f\u3057\u306a\u3044\u307b\u3069\u529b\u5f37\u304b\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u73fe\u5728\u306f\u3001\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u5f8c\u306e\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u306b\u3088\u3063\u3066\u501f\u91d1\u3067\u5ef6\u547d\u3055\u308c\u3066\u3044\u308b\u30be\u30f3\u30d3\u4f01\u696d\u304c\u5c71\u306e\u3088\u3046\u306b\u5b58\u5728\u3057\u3066\u3044\u308b\u3002\u5f7c\u3089\u306f\u5c11\u3057\u306e\u91d1\u5229\u4e0a\u6607\u3067\u6b7b\u306c\u3002\u305d\u308c\u304c\u4eca\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u4e0b\u843d\u306e\u610f\u5473\u3067\u3042\u308b\u3002\u30be\u30f3\u30d3\u4f01\u696d\u306e\u50b5\u5238\uff08\u3064\u307e\u308a\u30b8\u30e3\u30f3\u30af\u50b5\uff09\u306e\u73fe\u72b6\u306b\u3064\u3044\u3066\u306f\u3001\u50b5\u5238\u306e\u5c02\u9580\u5bb6\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304c\u8aac\u660e\u3057\u3066\u304f\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32243\" data-type=\"post\" data-id=\"32243\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3001\u56fd\u50b5\u3068\u6295\u8cc7\u9069\u683c\u50b5\u3068\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u9055\u3044\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u72b6\u6cc1\u306e\u610f\u5473\u3059\u308b\u3068\u3053\u308d\u306f\u30012023\u5e74\u306b\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0b\u843d\u3057\u3066\u304b\u3089\u5fc5\u7136\u7684\u306b\u8d77\u3053\u308b\u5931\u696d\u3068\u666f\u6c17\u5f8c\u9000\u306f\u3001\u6050\u3089\u304f1970\u5e74\u4ee3\u3088\u308a\u3082\u9177\u3044\u3082\u306e\u306b\u306a\u308b\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31421\" data-type=\"post\" data-id=\"31421\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u5f8c\u306e\u5931\u696d\u5897\u52a0\u306f\u907f\u3051\u3089\u308c\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u682a\u5f0f\u6295\u8cc7\u5bb6\u306f\u3053\u306e\u4e8b\u5b9f\u3092\u8003\u616e\u306b\u5165\u308c\u308b\u5fc5\u8981\u304c\u3042\u308b\u3060\u308d\u3046\u3002\u4f01\u696d\u5229\u76ca\u306f\u65e2\u306b\u5f71\u97ff\u3092\u53d7\u3051\u59cb\u3081\u3066\u3044\u308b\u3002\u7d50\u679c\u3068\u3057\u3066Amazon.com\u306a\u3069\u306e\u512a\u826f\u4f01\u696d\u306e\u682a\u4fa1\u306f\u307b\u3068\u3093\u3069\u534a\u5024\u307e\u3067\u4e0b\u304c\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\/2023\/01\/2023-1-2-amazon-com-nasdaq-amzn-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-2-amazon-com-nasdaq-amzn-chart.png\" alt=\"\" class=\"wp-image-32447\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-2-amazon-com-nasdaq-amzn-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-2-amazon-com-nasdaq-amzn-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u91d1\u878d\u5e81\u306b\u305d\u305d\u306e\u304b\u3055\u308c\u3066\u3053\u3046\u3044\u3046\u4f01\u696d\u306e\u682a\u5f0f\u306b\u98db\u3073\u3064\u3044\u305f\u4eba\u3005\u306f\u3001\u307e\u3055\u306b\u5929\u624d\u7684\u306a\u30bf\u30a4\u30df\u30f3\u30b0\u80fd\u529b\u3067\u30d0\u30d6\u30eb\u306e\u5929\u4e95\u3092\u63b4\u3093\u3060\u308f\u3051\u3060\u304c\u3001\u4f55\u6545\u5f7c\u3089\u304c\u305d\u308c\u3092\u63b4\u3093\u3060\u9014\u7aef\u306b\u682a\u4fa1\u306f\u66b4\u843d\u3057\u3066\u3086\u304f\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u306b\u3064\u3044\u3066\u306f\u3001\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27593\" data-type=\"post\" data-id=\"27593\">\u682a\u5f0f\u6295\u8cc7\u30d6\u30fc\u30e0\u306b\u4e57\u3063\u305f\u6642\u70b9\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u640d\u5931\u306f\u307b\u307c\u78ba\u5b9a\u3057\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u30cf\u30a4\u30c6\u30af\u682a\u306e\u682a\u4fa1\u306f\u305d\u306e\u5f8c\u534a\u5206\u307e\u3067\u4e0b\u843d\u3057\u305f\u3002\u4eca\u306e\u6c34\u6e96\u306f\u9ad8\u3044\u3060\u308d\u3046\u304b\u3001\u5b89\u3044\u3060\u308d\u3046\u304b\uff1f\u3000\u682a\u5f0f\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u73fe\u5728\u306e\u682a\u4fa1\u306f2023\u5e74\u306b\u8d77\u304d\u308b\u4f01\u696d\u5229\u76ca\u6e1b\u5c11\u3092\u8003\u616e\u306b\u5165\u308c\u3066\u3082\u59a5\u5f53\u304b\u3069\u3046\u304b\u3068\u3044\u3046\u3053\u3068\u304c\u554f\u984c\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u30cf\u30a4\u30c6\u30af\u682a\u4ee5\u5916\u3082\u305d\u3046\u3067\u3042\u308b\u3002\u3060\u304c2023\u5e74\u306f\u534a\u3070\u304b\u3089\u5f8c\u534a\u306b\u306f\u5e02\u5834\u53cd\u767a\u306e\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u4f55\u3092\u5e95\u5024\u8cb7\u3044\u3059\u3079\u304d\u304b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u8003\u3048\u59cb\u3081\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32391\" data-type=\"post\" data-id=\"32391\">2023\u5e74\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e95\u5024\u8cb7\u3044\u306e\u5e74: \u539f\u6cb9\u3001\u5929\u7136\u30ac\u30b9\u3001\u8fb2\u4f5c\u7269\u3001\u91d1\u76f8\u5834\u306e\u63a8\u79fb\u4e88\u60f3<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2023\u5e74\u6700\u521d\u306e\u6295\u7a3f\u306f\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u306b\u3057\u3088\u3046\u3002\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u3068\u3082\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u3001GELDmeisterin\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u30671970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32436\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: 1970\u5e74\u4ee3\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u6bba\u3059\u305f\u3081\u306b\u91d1\u5229\u306f21%\u307e\u3067\u4e0a\u304c\u3063\u305f<\/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":[118,108],"tags":[29],"class_list":["post-32436","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-jim-rogers"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/32436","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=32436"}],"version-history":[{"count":30,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/32436\/revisions"}],"predecessor-version":[{"id":32467,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/32436\/revisions\/32467"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=32436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=32436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=32436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}