{"id":33013,"date":"2023-01-24T20:01:00","date_gmt":"2023-01-24T11:01:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=33013"},"modified":"2023-01-24T15:14:50","modified_gmt":"2023-01-24T06:14:50","slug":"%e4%b8%96%e7%95%8c%e6%9c%80%e9%ab%98%e3%81%ae%e7%b5%8c%e6%b8%88%e5%ad%a6%e8%80%85%e3%82%b5%e3%83%9e%e3%83%bc%e3%82%ba%e6%b0%8f%e3%81%8c%e8%aa%ac%e6%98%8e%e3%81%99%e3%82%8b%e3%82%a4%e3%83%b3%e3%83%95","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33013","title":{"rendered":"\u4e16\u754c\u6700\u9ad8\u306e\u7d4c\u6e08\u5b66\u8005\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u8aac\u660e\u3059\u308b\u30a4\u30f3\u30d5\u30ec\u306e\u672c\u5f53\u306e\u7406\u7531"},"content":{"rendered":"\n<p>\u4e16\u754c\u6700\u9ad8\u306e\u3001\u3068\u3044\u3046\u3088\u308a\u306f\u5f7c\u3050\u3089\u3044\u3057\u304b\u5b58\u547d\u3067\u307e\u3068\u3082\u306a\u7d4c\u6e08\u5b66\u8005\u306f\u3044\u306a\u3044\u306e\u3060\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u5143\u8ca1\u52d9\u9577\u5b98\u3067\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u4e16\u754c\u7d4c\u6e08\u30d5\u30a9\u30fc\u30e9\u30e0\uff08\u901a\u79f0\u30c0\u30dc\u30b9\u4f1a\u8b70\uff09\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u306e\u539f\u56e0<\/strong><\/p>\n\n\n\n<p>2022\u5e74\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u3088\u3046\u3084\u304f\u8a71\u984c\u306b\u306a\u3063\u305f\u3002\u3060\u304c\u3053\u3053\u306e\u8aad\u8005\u306b\u306f\u300c\u4eca\u66f4\u304b\u300d\u3068\u601d\u308f\u308c\u305f\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u306a\u3089\u3070\u3001\u30b5\u30de\u30fc\u30ba\u6c0f\u306e\u3088\u3046\u306a\u7d4c\u6e08\u5b66\u8005\u3084\u3001\u7b46\u8005\u3084\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3001\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306a\u3069\u306e\u6295\u8cc7\u5bb6\u306f\u30012021\u5e74\u306b\u65e2\u306b\u8d77\u3053\u3063\u3066\u3044\u305f\u7269\u4fa1\u9ad8\u9a30\u306b\u3064\u3044\u3066\u4f55\u5ea6\u3082\u8b66\u544a\u3057\u3066\u3044\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30b5\u30de\u30fc\u30ba\u6c0f\u306f2023\u5e74\u306e\u30c0\u30dc\u30b9\u4f1a\u8b70\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u632f\u308a\u8fd4\u3063\u3066\u3044\u308b\u3002\u5f53\u305f\u308a\u524d\u306e\u3053\u3068\u306a\u306e\u3060\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u8a9e\u308b\u3053\u306e\u512a\u308c\u305f\u7d4c\u6e08\u5b66\u8005\u306e\u53e3\u304b\u3089\u306f\u300c\u30a6\u30af\u30e9\u30a4\u30ca\u300d\u3068\u3044\u3046\u5358\u8a9e\u306f\u51fa\u306a\u3044\u3002\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u306f\u307b\u307c\u7121\u95a2\u4fc2\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\/30188\" data-type=\"post\" data-id=\"30188\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u30d7\u30fc\u30c1\u30f3\u6c0f\u304c\u5f15\u304d\u8d77\u3053\u3057\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u30a4\u30f3\u30d5\u30ec\u306e\u672c\u5f53\u306e\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u306e\u4ee3\u308f\u308a\u306b\u5f7c\u304c\u6301\u3061\u51fa\u3059\u306e\u306f\u653f\u5e9c\u306b\u3088\u308b\u30b3\u30ed\u30ca\u5f8c\u306e\u8ca1\u653f\u523a\u6fc0\u3067\u3042\u308b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30b3\u30ed\u30ca\u798d\u304c\u751f\u3058\u3001\u30a2\u30e1\u30ea\u30ab\u306fGDP\u306e14%\u306e\u898f\u6a21\u306e\u8ca1\u653f\u523a\u6fc0\u30922\u5e74\u9023\u7d9a\u3067\u884c\u306a\u3063\u305f\u3002\u3053\u306e\u8ca1\u653f\u523a\u6fc0\u306f\u30a2\u30e1\u30ea\u30ab\u304c\u7b2c2\u6b21\u4e16\u754c\u5927\u6226\u6642\u306b\u884c\u306a\u3063\u305f\u898f\u6a21\u306e\u534a\u5206\u3092\u8d85\u3048\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u898f\u6a21\u306e\u8ca1\u653f\u523a\u6fc0\u306f\u3001\u305d\u308c\u307e\u3067\u306e\u9577\u671f\u505c\u6ede\u3057\u3066\u3044\u305f\u7d4c\u6e08\u306e\u9700\u8981\u4e0d\u8db3\u3092\u88dc\u3063\u3066\u4f59\u308a\u3042\u308b\u3053\u3068\u306f\u660e\u3089\u304b\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u3053\u305d\u304c\u308f\u305f\u3057\u304c2021\u5e74\u524d\u534a\u306b\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u6df1\u523b\u5316\u3059\u308b\u3068\u3044\u3046\u4e88\u60f3\u306b\u975e\u5e38\u306b\u81ea\u4fe1\u3092\u6301\u3063\u3066\u3044\u305f\u7406\u7531\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u8ca1\u653f\u523a\u6fc0\u306e\u898f\u6a21\u306f\u3001\u53b3\u5bc6\u306b\u306f2020\u5e74\u306b15%\u30012021\u5e74\u306b12%\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u305d\u306e\u591a\u304f\u306f\u3001\u5408\u8a08\u30671\u4eba\u5f53\u305f\u308a40\u4e07\u5186\u4ee5\u4e0a\u306e\u73fe\u91d1\u7d66\u4ed8\u306b\u4f7f\u308f\u308c\u305f\u3002<\/p>\n\n\n\n<p>1\u4eba\u5f53\u305f\u308a40\u4e07\u5186\u3092\u3070\u3089\u6492\u3044\u3066\u304a\u304d\u306a\u304c\u3089\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3089\u306a\u3044\u3068\u60f3\u5b9a\u3057\u305f\u653f\u6cbb\u5bb6\u3084\u4e2d\u592e\u9280\u884c\u5bb6\u306f\u4f55\u3092\u8003\u3048\u3066\u3044\u305f\u306e\u3060\u308d\u3046\u304b\uff1f<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u62bc\u3057\u4e0a\u3052\u305f\u73fe\u91d1\u7d66\u4ed8<\/strong><\/p>\n\n\n\n<p>\u30c7\u30fc\u30bf\u3092\u898b\u3066\u307f\u3088\u3046\u3002\u4ee5\u4e0b\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u53ef\u51e6\u5206\u500b\u4eba\u6240\u5f97\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u4e26\u3079\u305f\u3082\u306e\u3060\u304c\u3001\u73fe\u91d1\u7d66\u4ed8\u306b\u3088\u3063\u3066\u53ef\u51e6\u5206\u6240\u5f97\u304c3\u56de\u6025\u5897\u3057\u305f\u3053\u3068\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5927\u304d\u304f\u6301\u3061\u4e0a\u3052\u305f\u69d8\u5b50\u304c\u898b\u3066\u53d6\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\/10\/2022-aug-us-disposable-personal-income-and-cpi-growth-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"545\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/10\/2022-aug-us-disposable-personal-income-and-cpi-growth-chart.png\" alt=\"\" class=\"wp-image-29519\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/10\/2022-aug-us-disposable-personal-income-and-cpi-growth-chart.png 545w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/10\/2022-aug-us-disposable-personal-income-and-cpi-growth-chart-300x257.png 300w\" sizes=\"auto, (max-width: 545px) 100vw, 545px\" \/><\/a><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u304c\u3042\u3063\u305f2022\u5e74\u672b\u4ee5\u964d\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e0a\u304c\u3063\u3066\u3044\u306a\u3044\u3069\u3053\u308d\u304b\u3080\u3057\u308d\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u4e8b\u5b9f\u306f\u539f\u6cb9\u4fa1\u683c\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u3066\u3082\u5206\u304b\u308b\u3002\u539f\u6cb9\u4fa1\u683c\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u306e\u3082\u3063\u3068\u524d\u304b\u3089\u4e0a\u304c\u3063\u3066\u3044\u305f\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\/2023-1-24-wti-crude-oil-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-24-wti-crude-oil-chart.png\" alt=\"\" class=\"wp-image-33023\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-24-wti-crude-oil-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/01\/2023-1-24-wti-crude-oil-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>2022\u5e742\u6708\u672b\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u3067\u4e00\u5ea6\u6025\u4e0a\u6607\u306f\u3057\u3066\u3044\u308b\u304c\u3001\u5168\u4f53\u304b\u3089\u898b\u308c\u3070\u50c5\u304b\u306a\u3082\u306e\u3067\u3042\u308a\u3001\u3057\u304b\u3082\u65e5\u672c\u3092\u542b\u3080\u897f\u5074\u306e\u30ed\u30b7\u30a2\u7523\u539f\u6cb9\u306e\u7981\u8f38\u63aa\u7f6e\u304c\u7c21\u5358\u306b\u8fc2\u56de\u3067\u304d\u308b\u30b6\u30eb\u306a\u63aa\u7f6e\u3067\u3042\u308b\u3053\u3068\u304c\u660e\u3089\u304b\u306b\u306a\u3063\u3066\u304b\u3089\u306f\u3001\u6025\u9a30\u5206\u3092\u3059\u3050\u306b\u5dfb\u304d\u623b\u3057\u3001\u305d\u306e\u5f8c\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3082\u3042\u308a\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u524d\u306e\u6c34\u6e96\u3088\u308a\u3082\u4f4e\u3044\u4f4d\u7f6e\u3067\u63a8\u79fb\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\/25200\" data-type=\"post\" data-id=\"25200\">\u5236\u88c1\u3067\u5b89\u304f\u306a\u3063\u305f\u30ed\u30b7\u30a2\u7523\u539f\u6cb9\u3001\u6b27\u7c73\u306b\u8ee2\u58f2\u3055\u308c\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4ee5\u4e0a\u306b\u3088\u308a\u660e\u3089\u304b\u306a\u3088\u3046\u306b\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u539f\u56e0\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u3067\u306f\u306a\u304f\u3001\u30b3\u30ed\u30ca\u798d\u3067\u884c\u308f\u308c\u305f\u73fe\u91d1\u7d66\u4ed8\u3067\u3042\u308b\u30022020\u5e74\u3001\u30a2\u30e1\u30ea\u30ab\u3060\u3051\u3067\u306f\u306a\u304f\u4e16\u754c\u7684\u306b\u884c\u308f\u308c\u305f\u73fe\u91d1\u7d66\u4ed8\u304c\u539f\u6cb9\u3084\u8fb2\u4f5c\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306b\u6d41\u308c\u8fbc\u307f\u3001\u4e16\u754c\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u306e\u7d20\u5730\u3092\u4f5c\u3063\u305f\u3053\u3068\u306f\u3001\u3053\u3053\u3067\u306f2020\u5e74\u306b\u65e2\u306b\u5831\u3058\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11801\" data-type=\"post\" data-id=\"11801\">\u91d1\u878d\u5e02\u5834\u306b\u30a4\u30f3\u30d5\u30ec\u306e\u5146\u3057: \u91d1\u3001\u539f\u6cb9\u3001\u7a40\u7269\u4fa1\u683c\u304c\u9ad8\u9a30 (2020\/10\/14)<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>2021\u5e74\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u5426\u5b9a\u3057\u305f\u653f\u6cbb\u5bb6\u3084\u5b98\u50da\u305f\u3061<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u4e0a\u8a18\u306e\u3088\u3046\u306a\u72b6\u6cc1\u306e\u3082\u3068\u3001\u7b46\u8005\u3092\u542b\u3080\u6295\u8cc7\u5bb6\u3084\u3001\u30b5\u30de\u30fc\u30ba\u6c0f\u306a\u3069\u306e\u5c02\u9580\u5bb6\u306f\u30012021\u5e74\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u8105\u5a01\u306b\u3064\u3044\u3066\u4f55\u5ea6\u3082\u8b66\u544a\u3057\u3066\u3044\u305f\u3002\u30b5\u30de\u30fc\u30ba\u6c0f\u306f2021\u5e745\u6708\u306b\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13697\" data-type=\"post\" data-id=\"13697\">\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f: \u30a4\u30f3\u30d5\u30ec\u30ea\u30b9\u30af\u306f\u672c\u7269\u3001\u5229\u4e0a\u3052\u3067\u666f\u6c17\u5f8c\u9000\u3078 (2021\/5\/25)<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30b3\u30ed\u30ca\u798d\u306b\u304a\u3044\u3066\u5c71\u306e\u3088\u3046\u306b\u7a4d\u307f\u4e0a\u3052\u3089\u308c\u305f2\u5146\u30c9\u30eb\u4ee5\u4e0a\u306e\u30a2\u30e1\u30ea\u30ab\u4eba\u306e\u8caf\u91d1\u304c\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u3092\u751f\u3093\u3067\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c2021\u5e74\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u751f\u307f\u51fa\u3057\u305f\u5f35\u672c\u4eba\u3067\u3042\u308b\u653f\u6cbb\u5bb6\u3084\u4e2d\u592e\u9280\u884c\u5bb6\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u8105\u5a01\u3092\u5426\u5b9a\u3057\u7d9a\u3051\u305f\u3002<\/p>\n\n\n\n<p>\u5408\u8a08\u3067GDP\u306e30%\u8fd1\u3044\u73fe\u91d1\u3092\u3070\u3089\u6492\u3044\u3066\u304a\u304d\u306a\u304c\u3089\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306a\u3069\u306f\u30a4\u30f3\u30d5\u30ec\u306f\u8105\u5a01\u3067\u306f\u306a\u3044\u3068\u4e3b\u5f35\u3057\u3001\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u3092\u7d99\u7d9a\u3057\u305f\u3002\u305d\u308c\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u706b\u306b\u6cb9\u3092\u6ce8\u3044\u3060\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c7.7%\u306b\u9054\u3057\u3066\u3044\u305f2021\u5e744\u6708\u306e\u6bb5\u968e\u3067\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a71\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13428\" data-type=\"post\" data-id=\"13428\">4\u6708FOMC\u4f1a\u5408\u7d50\u679c: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u30a4\u30f3\u30d5\u30ec\u7121\u8996\u306f\u7d9a\u304f\u3000\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u30d0\u30d6\u30eb\u7d99\u7d9a\u3078 (2021\/4\/30)<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u5b9f\u4f53\u7d4c\u6e08\u306f\u307e\u3060\u96c7\u7528\u3068\u7269\u4fa1\u306e\u76ee\u6a19\u304b\u3089\u306f\u7a0b\u9060\u3044\u6240\u306b\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u306e\u6642\u70b9\u3067\u30a4\u30f3\u30d5\u30ec\u7387\u306f7.7%\u3067\u3042\u308b\u3002\u5f7c\u306f\u4f8b\u3048\u307010%\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u3082\u76ee\u6307\u3057\u3066\u3044\u305f\u306e\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u99ac\u9e7f\u3052\u305f\u767a\u8a00\u306f\u3001\u4f8b\u3048\u30702023\u5e74\u306e\u9ed2\u7530\u306a\u306b\u304c\u3057\u306e\u767a\u8a00\u3068\u5b8c\u5168\u306b\u4e00\u81f4\u3057\u3066\u3044\u308b\u3002\u5f7c\u306f\u7de9\u548c\u653f\u7b56\u304c\u554f\u984c\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u3053\u306e\u5b8c\u74a7\u306a\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u8077\u5834\u3092\u96e2\u308c\u308b\u306b\u3042\u305f\u308a\u3001\u300c\u30a4\u30f3\u30d5\u30ec\u76ee\u6a19\u3092\u9054\u6210\u3067\u304d\u3066\u3044\u306a\u3044\u3053\u3068\u304c\u6b8b\u5ff5\u300d\u306a\u3069\u3068\u3044\u3046\u610f\u5473\u4e0d\u660e\u306a\u4f9b\u8ff0\u3092\u3057\u3066\u3044\u308b\u3002\u65e5\u672c\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u65e2\u306b4%\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32998\" data-type=\"post\" data-id=\"32998\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u65e5\u9280\u306e\u91cf\u7684\u7de9\u548c\u3092\u76ae\u8089\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>2021\u5e74\u306e\u30d1\u30a6\u30a8\u30eb\u6c0f\u3067\u3082\u5341\u5206\u306b\u611a\u304b\u306a\u306e\u306b\u3001\u305d\u308c\u304b\u30892\u5e74\u3082\u7d4c\u3063\u3066\u304b\u3089\u540c\u3058\u611a\u304b\u3055\u3092\u8e0f\u8972\u3057\u3066\u3044\u308b\u65e5\u9280\u306e\u9ed2\u7530\u6c0f\u306f\u3001\u307e\u3055\u306b\u5148\u9032\u56fd\u30a2\u30e1\u30ea\u30ab\u306b\u8ffd\u3044\u3064\u304d\u8ffd\u3044\u8d8a\u305d\u3046\u3068\u3059\u308b\u6226\u5f8c\u65e5\u672c\u4eba\u306e\u93e1\u3067\u306f\u306a\u3044\u304b\u3002\u9ed2\u7530\u6c0f\u304c\u3044\u308c\u3070\u3001\u65e5\u672c\u3082\u30a4\u30f3\u30d5\u30ec\u306b\u95a2\u3057\u3066\u306f\u30a2\u30e1\u30ea\u30ab\u306b\u52dd\u3066\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u6642\u3082\u305d\u3046\u3060\u3063\u305f\u304c\u3001\u91d1\u878d\u3084\u7d4c\u6e08\u5b66\u306e\u672c\u7269\u306e\u5c02\u9580\u5bb6\u305f\u3061\u304c\u3053\u305e\u3063\u3066\u8b66\u544a\u3092\u767a\u3057\u3066\u3044\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u653f\u6cbb\u5bb6\u3084\u4e2d\u592e\u9280\u884c\u5bb6\u306f\u306a\u305c\u7d4c\u6e08\u5371\u6a5f\u3092\u4e88\u60f3\u3067\u304d\u306a\u3044\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u5f7c\u3089\u306b\u6bd4\u3079\u3066\u30b5\u30de\u30fc\u30ba\u6c0f\u3089\u306e\u982d\u304c\u9014\u65b9\u3082\u306a\u304f\u826f\u304b\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u306a\u306e\u3060\u308d\u3046\u304b\u3002\u3057\u304b\u3057\u7b46\u8005\u306f\u3080\u3057\u308d\u3001GDP\u306e30%\u8fd1\u3044\u3070\u3089\u6492\u304d\u3092\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u7d50\u8ad6\u306b\u81f3\u308b\u3053\u3068\u306e\u3067\u304d\u308b\u7a00\u6709\u306a\u982d\u306e\u65b9\u306b\u89e3\u8aac\u306e\u5fc5\u8981\u6027\u3092\u611f\u3058\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u3092\u4e88\u60f3\u3067\u304d\u306a\u304b\u3063\u305f\u4eba\u3005\u306f\u3001\u6b21\u306f\u9593\u9055\u3048\u306a\u3044\u3053\u3068\u304c\u51fa\u6765\u308b\u3060\u308d\u3046\u304b\u3002\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u5f7c\u3089\u306b\u3053\u3046\u30a2\u30c9\u30d0\u30a4\u30b9\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u7d4c\u6e08\u5b66\u306e\u79d8\u4f1d\u306e\u30bd\u30fc\u30b9\u306f\u7b97\u6570\u3060\u3002<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>\u4e16\u754c\u6700\u9ad8\u306e\u3001\u3068\u3044\u3046\u3088\u308a\u306f\u5f7c\u3050\u3089\u3044\u3057\u304b\u5b58\u547d\u3067\u307e\u3068\u3082\u306a\u7d4c\u6e08\u5b66\u8005\u306f\u3044\u306a\u3044\u306e\u3060\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u5143\u8ca1\u52d9\u9577\u5b98\u3067\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u4e16\u754c\u7d4c\u6e08\u30d5\u30a9\u30fc\u30e9\u30e0\uff08\u901a\u79f0\u30c0\u30dc\u30b9\u4f1a\u8b70\uff09\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/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":[98,167],"class_list":["post-33013","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-larry-summers","tag-inflation"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/33013","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=33013"}],"version-history":[{"count":24,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/33013\/revisions"}],"predecessor-version":[{"id":33038,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/33013\/revisions\/33038"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=33013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=33013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=33013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}