{"id":45578,"date":"2024-03-10T20:00:00","date_gmt":"2024-03-10T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=45578"},"modified":"2024-03-10T00:35:28","modified_gmt":"2024-03-09T15:35:28","slug":"%e3%83%89%e3%83%a9%e3%83%83%e3%82%b1%e3%83%b3%e3%83%9f%e3%83%a9%e3%83%bc%e6%b0%8f-1980%e5%b9%b4%e3%81%ae%e3%83%9c%e3%83%ab%e3%82%ab%e3%83%bc%e8%ad%b0%e9%95%b7%e3%81%ae%e3%82%a4%e3%83%b3%e3%83%95","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/45578","title":{"rendered":"\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: 1980\u5e74\u306e\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306e\u30a4\u30f3\u30d5\u30ec\u9000\u6cbb\u3067\u5927\u5132\u3051\u3057\u305f\u8a71"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001How Leaders Lead\u306b\u3088\u308b\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002\u4eca\u56de\u306f1980\u5e74\u306b\u59cb\u307e\u308b\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306b\u3088\u308b\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u3092\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30c8\u30ec\u30fc\u30c9\u3057\u305f\u8a71\u3092\u7d39\u4ecb\u3059\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u76f8\u5834\u306e\u7d42\u308f\u308a\u3068\u30d5\u30a1\u30f3\u30c9\u5275\u696d<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306e\u8a18\u4e8b\u3067\u306f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u81ea\u5206\u306b\u304a\u91d1\u3092\u51fa\u3057\u3066\u304f\u308c\u308b\u4eba\u3092\u898b\u3064\u3051\u3066\u81ea\u5206\u306e\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3068\u3053\u308d\u307e\u3067\u8a71\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/45527\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u3069\u3046\u3084\u3063\u3066\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3092\u59cb\u3081\u305f\u304b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u308c\u304c\u3044\u3064\u3060\u3063\u305f\u304b\u3068\u8a00\u3048\u3070\u30011970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u306e\u30af\u30e9\u30a4\u30de\u30c3\u30af\u30b9\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3053\u3046\u8a71\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>\u30dc\u30eb\u30ab\u30fc\u6c0f\u304cFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u8b70\u9577\u306b\u306a\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306f\u30011970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u306e\u6642\u4ee3\u306e\u6700\u5f8c\u306b\u7740\u4efb\u3057\u3001\u53b3\u3057\u3044\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u30a4\u30f3\u30d5\u30ec\u3092\u7d42\u308f\u3089\u305b\u305f\u4eba\u7269\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3053\u3068\u3092\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\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>\u308f\u305f\u3057\u306f\u5f15\u304d\u304c\u826f\u304b\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4f55\u6545\u30dc\u30eb\u30ab\u30fc\u6c0f\u306e\u5c31\u4efb\u304c\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u3068\u3063\u3066\u5e78\u904b\u3060\u3063\u305f\u306e\u304b\u3002\u305d\u308c\u306f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u3053\u306e\u76f8\u5834\u3067\u5927\u304d\u306a\u5229\u76ca\u3092\u4e0a\u3052\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u306e\u30af\u30e9\u30a4\u30de\u30c3\u30af\u30b9<\/strong><\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u5f53\u6642\u306e\u72b6\u6cc1\u3092\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>\u30a6\u30a9\u30fc\u30eb\u8857\u3067\u306f\u7686\u30a4\u30f3\u30d5\u30ec\u7387\u306f25%\u307e\u3067\u884c\u304f\u305e\u3068\u3044\u3046\u8a71\u3092\u3057\u3066\u3044\u305f\u3002\u56fd\u50b5\u306e\u91d1\u5229\u306f14%\u3050\u3089\u3044\u3060\u3063\u305f\u3002\u8ab0\u3082\u50b5\u5238\u3092\u8cb7\u304a\u3046\u3068\u3057\u306a\u304b\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u4e0a\u304c\u308c\u3070\u91d1\u5229\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u50b5\u5238\u306f\u91d1\u5229\u304c\u4e0a\u304c\u308c\u3070\u4fa1\u683c\u306f\u4e0b\u304c\u308b\u306e\u3067\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u5229\u304c\u4e21\u65b9\u66f4\u306b\u4e0a\u304c\u3063\u3066\u3086\u304f\u3053\u3068\u3092\u8ab0\u3082\u304c\u4e88\u60f3\u3057\u3066\u3044\u305f\u6642\u4ee3\u3001\u8ab0\u3082\u50b5\u5238\u3092\u8cb7\u3044\u305f\u304c\u3089\u306a\u304b\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u305d\u3046\u306f\u601d\u3063\u3066\u3044\u306a\u304b\u3063\u305f\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u8a9e\u3063\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>\u3060\u304c\u308f\u305f\u3057\u306f\u30dc\u30eb\u30ab\u30fc\u6c0f\u304c\u558b\u3063\u3066\u3044\u308b\u306e\u3092\u805e\u3044\u305f\u3002\u305d\u3057\u3066\u308f\u305f\u3057\u306f\u300c\u4f55\u3066\u3053\u3068\u3060\u3001\u3053\u306e\u7537\u306f\u6b63\u6c17\u3058\u3083\u306a\u3044\u3002\u30a4\u30f3\u30d5\u30ec\u3092\u6253\u5012\u3059\u308b\u305f\u3081\u306a\u3089\u3070\u4f55\u3067\u3082\u3084\u308b\u3060\u308d\u3046\u300d\u3068\u601d\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30dc\u30eb\u30ab\u30fc\u6c0f\u306f\u91d1\u5229\u309220%\u8fba\u308a\u307e\u3067\u4e0a\u3052\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u306f12%\u304b13%\u3060\u3063\u305f\u3002\u3060\u304b\u3089\u308f\u305f\u3057\u306f\u5fc3\u306e\u4e2d\u3067\u3001\u30dc\u30eb\u30ab\u30fc\u6c0f\u306f\u7d4c\u6e08\u3092\u7834\u58ca\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u3092\u7834\u58ca\u3059\u308b\u3060\u308d\u3046\u3068\u601d\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4eca\u3067\u306f\u30dc\u30eb\u30ab\u30fc\u6c0f\u306f1970\u5e74\u4ee3\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u7d42\u308f\u3089\u305b\u305f\u4eba\u7269\u3068\u3057\u3066\u6709\u540d\u3067\u3042\u308b\u3002\u3060\u304c\u5f53\u6642\u306f\u8ab0\u3082\u305d\u3046\u306a\u308b\u3068\u306f\u601d\u3063\u3066\u3044\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3060\u3051\u304c\u305d\u3053\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u30d4\u30fc\u30af\u3060\u3068\u8003\u3048\u3066\u3044\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u30d4\u30fc\u30af\u3092\u8fce\u3048\u4e0b\u843d\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u91d1\u5229\u3082\u305d\u3053\u304c\u30d4\u30fc\u30af\u3060\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u304c\u3053\u308c\u304b\u3089\u4e0b\u843d\u3057\u3066\u3086\u304f\u3068\u4e88\u60f3\u3057\u305f\u306a\u3089\u3070\u3001\u91d1\u5229\u4f4e\u4e0b\u306f\u50b5\u5238\u4fa1\u683c\u4e0a\u6607\u3092\u610f\u5473\u3059\u308b\u304b\u3089\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u3068\u3063\u3066\u306f\u56fd\u50b5\u306f\u8cb7\u3044\u3060\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\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>\u3060\u304b\u3089\u308f\u305f\u3057\u306f\u5168\u8cc7\u91d1\u306e50%\u309230\u5e74\u7269\u56fd\u50b5\u306b\u5272\u308a\u632f\u308a\u3001\u6b8b\u308a\u3092\u73fe\u91d1\u3068\u3057\u305f\u3002\u682a\u5f0f\u306f\u8cb7\u308f\u306a\u304b\u3063\u305f\u3002\u305d\u308c\u306f\u5f53\u6642\u7570\u7aef\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3060\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u306f\u5927\u5f53\u305f\u308a\u3060\u3063\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u307e\u3055\u306b\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30d5\u30a1\u30f3\u30c9\u3092\u5275\u696d\u3057\u305f1981\u5e74\u306b\u5927\u5929\u4e95\u3092\u8fce\u3048\u3066\u3044\u308b\u304b\u3089\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\/2024\/03\/2024-3-7-us-10-year-treasury-bond-yield-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/03\/2024-3-7-us-10-year-treasury-bond-yield-long-term-chart.png\" alt=\"\" class=\"wp-image-45608\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/03\/2024-3-7-us-10-year-treasury-bond-yield-long-term-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/03\/2024-3-7-us-10-year-treasury-bond-yield-long-term-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u304c\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3068\u3057\u3066\u521d\u3081\u3066\u306e\u4ed5\u4e8b\u3060\u3063\u305f\u306e\u3060\u304b\u3089\u3001\u4f1d\u8aac\u7684\u306a\u30b9\u30c8\u30fc\u30ea\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3061\u306a\u307f\u306b\u30a4\u30f3\u30d5\u30ec\u9000\u6cbb\u306f\u3053\u306e\u3088\u3046\u306b\u7c21\u5358\u306b\u8a9e\u3089\u308c\u3066\u306f\u3044\u308b\u304c\u3001\u5b9f\u969b\u306b\u306f\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u9ad8\u91d1\u5229\u306b\u82e6\u3057\u307f\u5927\u91cf\u306e\u5931\u696d\u8005\u304c\u51fa\u308b\u3053\u3068\u3068\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u666f\u6c17\u5f8c\u9000\u306b\u306a\u3089\u306a\u304f\u3066\u3082\u30a4\u30f3\u30d5\u30ec\u306f\u53ce\u307e\u308b\u306e\u304b\u3068\u3044\u3046\u8a71\u304c\u3042\u308b\u304c\u3001\u306f\u3063\u304d\u308a\u8a00\u3063\u3066\u304a\u304f\u3002\u666f\u6c17\u5f8c\u9000\u306b\u306a\u3089\u306a\u3051\u308c\u3070\u30a4\u30f3\u30d5\u30ec\u306f\u53ce\u307e\u3089\u306a\u3044\u3057\u3001\u666f\u6c17\u5f8c\u9000\u306b\u306a\u3063\u3066\u3044\u306a\u3044\u306a\u3089\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u306f\u307e\u3060\u53ce\u307e\u3063\u3066\u3044\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\/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>\u3053\u306e\u6642\u671f\u306e\u8a71\u3092\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u81ea\u8eab\u304c\u8a9e\u3063\u3066\u3044\u308b\u8a18\u4e8b\u3082\u3042\u308b\u306e\u3067\u3001\u305d\u3061\u3089\u3082\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\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","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001How Leaders Lead\u306b\u3088\u308b\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002\u4eca\u56de\u306f1980\u5e74\u306b\u59cb\u307e\u308b\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306b\u3088\u308b\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u3092\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30c8\u30ec\u30fc\u30c9\u3057\u305f\u8a71\u3092\u7d39\u4ecb\u3059\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":[130],"class_list":["post-45578","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-stanley-druckenmiller"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/45578","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=45578"}],"version-history":[{"count":41,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/45578\/revisions"}],"predecessor-version":[{"id":45663,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/45578\/revisions\/45663"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=45578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=45578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=45578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}