{"id":4053,"date":"2016-08-09T20:51:09","date_gmt":"2016-08-09T11:51:09","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=4053"},"modified":"2016-08-09T08:51:32","modified_gmt":"2016-08-08T23:51:32","slug":"%e3%82%b8%e3%83%a3%e3%83%8d%e3%83%83%e3%83%88%e3%83%bb%e3%82%a4%e3%82%a8%e3%83%ac%e3%83%b3%e6%b0%8f-%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e7%b5%8c%e6%b8%88%e3%81%af1970%e5%b9%b4%e4%bb%a3%e3%81%ae","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4053","title":{"rendered":"\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u6c0f: \u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f1970\u5e74\u4ee3\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3092\u7e70\u308a\u8fd4\u3057\u3066\u306f\u3044\u306a\u3044"},"content":{"rendered":"<p>\u4ee5\u4e0b\u306fFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u73fe\u8b70\u9577\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3\u3067\u884c\u3063\u305f\u8b1b\u6f14\uff08<a href=\"http:\/\/www.frbsf.org\/our-district\/press\/presidents-speeches\/yellen-speeches\/2008\/may\/yellen-credit-housing-commodities-economy-san-francisco\/\" target=\"_blank\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u306e\u629c\u7c8b\u3067\u3042\u308b\u3002<\/p>\n<blockquote><p>1970\u5e74\u4ee3\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u4ea1\u970a\u304c\u305d\u306e\u919c\u3044\u982d\u3092\u3082\u305f\u3052\u3066\u3044\u308b\u3068\u306e\u61f8\u5ff5\u304c\u805e\u304b\u308c\u308b\u3002\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3068\u306f\u3001\u8cc3\u91d1\u3068\u7269\u4fa1\u306e\u4e0a\u6607\u30b9\u30d1\u30a4\u30e9\u30eb\u306b\u3088\u3063\u3066\u751f\u3058\u308b\u3068\u8003\u3048\u3089\u308c\u3066\u304a\u308a\u3001\u305d\u308c\u306f\u4e2d\u592e\u9280\u884c\u306e\u91d1\u878d\u653f\u7b56\u3078\u306e\u4fe1\u983c\u304c\u5931\u308f\u308c\u3001\u671f\u5f85\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5236\u5fa1\u3067\u304d\u306a\u304f\u306a\u308b\u3053\u3068\u3067\u60aa\u5316\u3059\u308b\u3053\u3068\u304c\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u6700\u521d\u306b\u7a2e\u660e\u304b\u3057\u3092\u3057\u3066\u304a\u304f\u304c\u3001\u3053\u308c\u306f2016\u5e74\u306b\u884c\u308f\u308c\u305f\u8b1b\u6f14\u3067\u306f\u306a\u3044\u3002\u3057\u304b\u3057\u3053\u308c\u304c\u3044\u3064\u306e\u8b1b\u6f14\u304b\u3092\u8a00\u3046\u524d\u306b\u30012%\u3092\u8d85\u3048\u3066\u52a0\u901f\u3059\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u30b3\u30a2CPI\u3068\u8cc3\u91d1\u306e\u30b0\u30e9\u30d5\u3092\u773a\u3081\u3001\u6700\u8fd1\u306e\u597d\u8abf\u306a\u96c7\u7528\u7d71\u8a08\u3092\u5ff5\u982d\u306b\u7f6e\u304d\u306a\u304c\u3089\u3053\u306e\u8b1b\u6f14\u306e\u7d9a\u304d\u3092\u8aad\u3093\u3067\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n<p><!--more--><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2016-jul-us-core-cpi-and-labour-compensation-wages-salaries-and-benefits.png\" rel=\"attachment wp-att-4031\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4031\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2016-jul-us-core-cpi-and-labour-compensation-wages-salaries-and-benefits.png\" alt=\"2016-jul-us-core-cpi-and-labour-compensation-wages-salaries-and-benefits\" width=\"390\" height=\"361\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2016-jul-us-core-cpi-and-labour-compensation-wages-salaries-and-benefits.png 390w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2016-jul-us-core-cpi-and-labour-compensation-wages-salaries-and-benefits-300x278.png 300w\" sizes=\"auto, (max-width: 390px) 100vw, 390px\" \/><\/a><\/p>\n<p>\u30a4\u30a8\u30ec\u30f3\u6c0f\u306f\u3053\u3046\u7d9a\u3051\u308b\u3002<\/p>\n<blockquote><p>1970\u5e74\u4ee3\u308480\u5e74\u4ee3\u306e\u524d\u534a\u306b\u304a\u3044\u3066\u306f\u3001\u8cc3\u91d1\u3068\u7269\u4fa1\u306e\u4e0a\u6607\u30b9\u30d1\u30a4\u30e9\u30eb\u306f\u3001\u5148\u884c\u3057\u3066\u4e0a\u6607\u3057\u3066\u3044\u305f\u98df\u6599\u4fa1\u683c\u3084\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u304c\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u62bc\u3057\u4e0a\u3052\u305f\u3082\u306e\u3067\u3042\u308a\u3001\u305d\u308c\u304c\u8cc3\u91d1\u3084\u5b8c\u6210\u54c1\u306b\u3082\u98db\u3073\u706b\u3057\u305f\u306e\u3067\u3042\u308b\u3002\u307e\u305f\u3001\u4e2d\u592e\u9280\u884c\u304c\u3053\u3046\u3057\u305f\u30a4\u30f3\u30d5\u30ec\u3092\u4e00\u5b9a\u306e\u671f\u9593\u8a31\u5bb9\u3059\u308b\u3068\u306e\u671f\u5f85\u304c\u3042\u3063\u305f\u3053\u3068\u304c\u3001\u3053\u3046\u3057\u305f\u52d5\u5411\u3092\u52a0\u901f\u3055\u305b\u305f\u3002<\/p>\n<p>\u500b\u4eba\u7684\u306b\u306f\u73fe\u5728\u306e\u7d4c\u6e08\u72b6\u6cc1\u304c\u305d\u3046\u3057\u305f\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u671f\u9593\u306b\u5165\u3063\u305f\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002\u4e00\u3064\u306b\u306f\u3001\u73fe\u5728\u306e\u7d4c\u6e08\u6307\u6a19\u304c\u793a\u5506\u3059\u308b\u7d4c\u6e08\u6210\u9577\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u671b\u307e\u3057\u3044\u6c34\u6e96\u304b\u3089\u96e2\u308c\u3064\u3064\u3042\u308b\u3082\u306e\u306e\u3001\u305d\u308c\u3067\u3082\u305d\u308c\u3089\u306e\u6570\u5024\u306f30\u5e74\u524d\u306b\u6bd4\u3079\u308c\u3070\u3088\u307b\u3069\u597d\u307e\u3057\u3044\u3082\u306e\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n<p>\u307e\u308b\u30672016\u5e74\u306e\u7d4c\u6e08\u72b6\u6cc1\u306b\u3064\u3044\u3066\u8a9e\u3063\u305f\u304b\u306e\u3088\u3046\u306a\u6587\u7ae0\u3067\u3042\u308b\u3002\u7a2e\u660e\u304b\u3057\u3092\u3059\u308b\u3068\u3001\u3053\u308c\u306f2008\u5e745\u670827\u65e5\u306b\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u884c\u3063\u305f\u30b9\u30d4\u30fc\u30c1\u306e\u5185\u5bb9\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u3053\u308c\u306f\u73fe\u5728\u30a2\u30e1\u30ea\u30ab\u304c\u76f4\u9762\u3057\u3066\u3044\u308b\u72b6\u6cc1\u307b\u3068\u3093\u3069\u305d\u306e\u307e\u307e\u3067\u3042\u308b\u3002<\/p>\n<p>\u73fe\u5728\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u632f\u308a\u8fd4\u3063\u3066\u307f\u308c\u3070\u3001\u4e0a\u8a18\u306b\u8ff0\u3079\u305f\u3088\u3046\u306b\u30a4\u30f3\u30d5\u30ec\u7387\u306f2%\u3092\u8d85\u3048\u3066\u4e0a\u6607\u3057\u3066\u3086\u304f\u4e00\u65b9\u3067\u3001GDP\u306f\u3064\u3044\u306b2%\u3092\u5927\u5e45\u306b\u5272\u308a\u8fbc\u3093\u3060\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/3981\">\u30c9\u30eb\u66b4\u843d\u4e88\u60f3\u3092\u88cf\u4ed8\u3051\u308b\u7c73\u56fdGDP: 4-6\u6708\u671f\u306f\u843d\u3061\u8fbc\u307f\u52a0\u901f\u3001\u60aa\u5316\u3059\u308b\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u898b\u901a\u3057<\/a><\/li>\n<\/ul>\n<p>\u3053\u306e\u3088\u3046\u306a\u72b6\u6cc1\u3067\u306f\u4e2d\u592e\u9280\u884c\u306f\u96e3\u3057\u3044\u5224\u65ad\u3092\u8feb\u3089\u308c\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u3092\u9000\u6cbb\u3059\u308b\u305f\u3081\u306b\u5229\u4e0a\u3052\u3092\u3057\u3066\u3001\u305f\u3060\u3067\u3055\u3048\u4f4e\u3044\u7d4c\u6e08\u6210\u9577\u3092\u30de\u30a4\u30ca\u30b9\u3078\u3068\u62bc\u3057\u3084\u308b\u304b\u3001\u3042\u308b\u3044\u306f\u7d4c\u6e08\u6210\u9577\u3092\u652f\u3048\u308b\u305f\u3081\u306b\u4f4e\u91d1\u5229\u3092\u4fdd\u3061\u3001\u4e0a\u6607\u3057\u3066\u3086\u304f\u7269\u4fa1\u3092\u305f\u3060\u773a\u3081\u308b\u304b\u306e\u3069\u3061\u3089\u304b\u3067\u3042\u308b\u3002<\/p>\n<p>\u5f53\u6642\u306e\u30a4\u30a8\u30ec\u30f3\u6c0f\u306e\u7d50\u8ad6\u306f\u3069\u3046\u3060\u3063\u305f\u304b\uff1f\u3000\u8b1b\u6f14\u304c\u884c\u308f\u308c\u305f\u306e\u306f2008\u5e745\u6708\u306e\u7d42\u308f\u308a\u3001\u682a\u5f0f\u5e02\u5834\u304c\u672c\u683c\u7684\u306a\u5d29\u58ca\u3078\u3068\u5411\u304b\u3046\u76f4\u524d\u3067\u3042\u3063\u305f\u3002\u4ee5\u4e0b\u306f\u5f53\u6642\u306eS&amp;P 500\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-s-and-p-500-chart.png\" rel=\"attachment wp-att-4056\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4056\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-s-and-p-500-chart.png\" alt=\"2008-financial-crisis-s-and-p-500-chart\" width=\"599\" height=\"403\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-s-and-p-500-chart.png 599w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-s-and-p-500-chart-300x202.png 300w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/><\/a><\/p>\n<p>\u30a4\u30a8\u30ec\u30f3\u6c0f\u306e\u51fa\u3057\u305f\u7d50\u8ad6\u306f\u3053\u3046\u3067\u3042\u308b\u3002<\/p>\n<blockquote><p>\u91d1\u878d\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u308d\u3046\u3002\u6307\u6458\u3057\u305f\u901a\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u308f\u305f\u3057\u304c\u671b\u3080\u30ec\u30f3\u30b8\u306e\u4e2d\u306e\u9ad8\u3044\u5074\u306e\u6c34\u6e96\u3067\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002\u4e00\u65b9\u3067\u7d4c\u6e08\u6d3b\u52d5\u306f\u307b\u3068\u3093\u3069\u306e\u30bb\u30af\u30bf\u30fc\u3067\u5f31\u3044\u3002<\/p>\n<p>FOMC\u306f\u3053\u306e\u3088\u3046\u306a\u72b6\u6cc1\u306b\u5bfe\u3057\u30019\u6708\u304b\u3089\u7de9\u548c\u3092\u884c\u3046\u3053\u3068\u3067\u5bfe\u5fdc\u3057\u3066\u304d\u305f\u3002\u653f\u7b56\u91d1\u5229\u306f3.25%\u5207\u308a\u4e0b\u3052\u3089\u308c\u30012%\u3068\u306a\u3063\u305f\u3002\uff08\u4e2d\u7565\uff09\u73fe\u5728\u306e\u72b6\u6cc1\u4e0b\u3067\u306f\u3001\u3053\u306e\u6c34\u6e96\u306e\u7de9\u548c\u7684\u91d1\u878d\u653f\u7b56\u304c\u9069\u5f53\u3067\u3042\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u3057\u304b\u3057\u5b9f\u969b\u306b\u306f\u91d1\u5229\u306f\u9ad8\u904e\u304e\u305f\u3002\u305d\u306e\u5f8c\u6570\u30f6\u6708\u3067\u682a\u5f0f\u5e02\u5834\u306f\u5d29\u58ca\u3057\u3001\u91d1\u878d\u5e02\u5834\u306e\u6df7\u4e71\u304c\u7d4c\u6e08\u6210\u9577\u7387\u3092\u30de\u30a4\u30ca\u30b9\u3078\u3068\u62bc\u3057\u4e0b\u3052\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u7b56\u91d1\u5229\u306f\u3059\u3050\u306b\u30bc\u30ed\u307e\u3067\u4e0b\u3052\u3089\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-us-gdp-growth-inflation-and-interest-rates.png\" rel=\"attachment wp-att-4036\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4036\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-us-gdp-growth-inflation-and-interest-rates.png\" alt=\"2008-financial-crisis-us-gdp-growth-inflation-and-interest-rates\" width=\"502\" height=\"417\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-us-gdp-growth-inflation-and-interest-rates.png 502w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/08\/2008-financial-crisis-us-gdp-growth-inflation-and-interest-rates-300x249.png 300w\" sizes=\"auto, (max-width: 502px) 100vw, 502px\" \/><\/a><\/p>\n<p>\u308f\u305f\u3057\u304c2016\u5e74\u306e\u76f8\u5834\u3067\u61f8\u5ff5\u3057\u3066\u3044\u308b\u306e\u306f\u3053\u3046\u3044\u3046\u72b6\u6cc1\u3067\u3042\u308b\u3002\u5f53\u6642\u306eFed\u306f\u7d4c\u6e08\u6210\u9577\u7387\u3068\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u3069\u3061\u3089\u304c\u5148\u884c\u6307\u6a19\u3067\u3042\u308b\u304b\u3092\u8aad\u307f\u9593\u9055\u3048\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u61f8\u5ff5\u3057\u305f\u7d50\u679c\u3001\u653f\u7b56\u91d1\u5229\u306f\u5371\u6a5f\u306e\u76f4\u524d\u307e\u3067\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u76f8\u5f53\u7a0b\u5ea6\u4e0a\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u305f\u3002Fed\u304c\u7de9\u548c\u7684\u3068\u8003\u3048\u305f\u6c34\u6e96\u304c\u5b9f\u969b\u306b\u306f\u5f15\u304d\u7de0\u3081\u7684\u3067\u3042\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u73fe\u5728\u3082\u4f4e\u6210\u9577\u3068\u9ad8\u30a4\u30f3\u30d5\u30ec\u304c\u5171\u5b58\u3057\u3066\u3044\u308b\u304c\u3001\u308f\u305f\u3057\u306e\u8aad\u307f\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u3044\u305a\u308c\u4f4e\u6210\u9577\u7387\u306b\u9798\u5bc4\u305b\u3059\u308b\u3068\u3044\u3046\u3082\u306e\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u3001\u3082\u3057\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u305d\u306e\u9006\u3092\u8003\u3048\u3001\u9ad8\u30a4\u30f3\u30d5\u30ec\u3092\u8b66\u6212\u3057\u3066\u5229\u4e0a\u3052\u3092\u884c\u3048\u3070\u3069\u3046\u306a\u308b\u304b\uff1f\u30002008\u5e74\u3068\u540c\u3058\u7d50\u679c\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u305d\u306e\u6642\u3001\u91d1\u4fa1\u683c\u306f\u4e00\u6642\u7684\u306b\u4e0b\u843d\u3057\u3066\u304b\u3089\u500d\u4ee5\u4e0a\u306e\u9ad8\u5024\u307e\u3067\u4e0a\u6607\u3057\u305f\u3002<\/p>\n<p>\u308f\u305f\u3057\u304c\u91d1\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u30d8\u30c3\u30b8\u3092\u8003\u3048\u59cb\u3081\u305f\u306e\u306f\u3053\u3046\u3044\u3046\u61f8\u5ff5\u304b\u3089\u3067\u3042\u308b\u3002\u305d\u308c\u304c\u305f\u3060\u306e\u61f8\u5ff5\u3067\u6e08\u3080\u306e\u3067\u3042\u308c\u3070\u3001\u305d\u308c\u306b\u8d8a\u3057\u305f\u3053\u3068\u306f\u306a\u3044\u3002\u3057\u304b\u3057\u6295\u8cc7\u5bb6\u306f\u3042\u3089\u3086\u308b\u53ef\u80fd\u6027\u3092\u8003\u3048\u3001\u305d\u308c\u3089\u306b\u5099\u3048\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u306e\u3067\u3042\u308b\u3002\u4e2d\u592e\u9280\u884c\u306f\u3057\u3070\u3057\u3070\u5927\u5e45\u306b\u9593\u9055\u3048\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4020\">2017\u5e74\u3078\u306e\u91d1\u4fa1\u683c\u306e\u63a8\u79fb\u4e88\u60f3: \u9577\u671f\u7684\u306b\u306f\u30d0\u30d6\u30eb\u306b\u306a\u308b\u304c\u3001\u77ed\u671f\u7684\u306b\u306f\u5c71\u3092\u8d8a\u3048\u308b\u5fc5\u8981\u3042\u308a<\/a><\/li>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4044\">\u7c73\u56fd\u5229\u4e0a\u3052\u306b\u3088\u308b\u91d1\u4fa1\u683c\u306e\u77ed\u671f\u7684\u4e0b\u843d\u3092\u30d8\u30c3\u30b8\u3059\u308b\u65b9\u6cd5\u4e00\u89a7<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u4ee5\u4e0b\u306fFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u73fe\u8b70\u9577\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u6c0f\u304c\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3\u3067\u884c\u3063\u305f\u8b1b\u6f14\uff08\u539f\u6587\u82f1\u8a9e\uff09\u306e\u629c\u7c8b\u3067\u3042\u308b\u3002 1970\u5e74\u4ee3\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u4ea1\u970a\u304c\u305d\u306e\u919c\u3044\u982d\u3092\u3082\u305f\u3052\u3066\u3044\u308b\u3068\u306e\u61f8\u5ff5\u304c\u805e\u304b\u308c\u308b\u3002\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3068 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4053\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30b8\u30e3\u30cd\u30c3\u30c8\u30fb\u30a4\u30a8\u30ec\u30f3\u6c0f: \u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f1970\u5e74\u4ee3\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3092\u7e70\u308a\u8fd4\u3057\u3066\u306f\u3044\u306a\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":[59,118,111,108],"tags":[64],"class_list":["post-4053","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-fed"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4053","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=4053"}],"version-history":[{"count":9,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4053\/revisions"}],"predecessor-version":[{"id":4063,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4053\/revisions\/4063"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=4053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=4053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=4053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}