{"id":62175,"date":"2025-03-29T20:00:00","date_gmt":"2025-03-29T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=62175"},"modified":"2025-03-29T02:12:52","modified_gmt":"2025-03-28T17:12:52","slug":"%e3%83%99%e3%83%83%e3%82%bb%e3%83%b3%e3%83%88%e8%b2%a1%e5%8b%99%e9%95%b7%e5%ae%98%e3%81%af%e6%84%8f%e5%9b%b3%e7%9a%84%e3%81%ab%e6%a0%aa%e4%be%a1%e3%81%a8%e9%87%91%e5%88%a9%e3%82%92%e4%b8%8b%e3%81%92","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/62175","title":{"rendered":"\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306f\u610f\u56f3\u7684\u306b\u682a\u4fa1\u3068\u91d1\u5229\u3092\u4e0b\u3052\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001All-In Podcast\u306b\u3088\u308b\u30b9\u30b3\u30c3\u30c8\u30fb\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3092\u7d39\u4ecb\u3059\u308b\u3002\u4eca\u56de\u306f\u8ca1\u653f\u8d64\u5b57\u306e\u524a\u6e1b\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3060\u304c\u3001\u305d\u308c\u3092\u898b\u3066\u7b46\u8005\u304c\u8003\u3048\u305f\u3053\u3068\u3082\u5171\u6709\u3057\u3066\u304a\u304d\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044<\/strong><\/p>\n\n\n\n<p>\u3053\u3053\u306e\u8aad\u8005\u306b\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u8d64\u5b57\u304c\u5927\u554f\u984c\u3067\u3042\u308b\u3053\u3068\u306f\u5468\u77e5\u306e\u4e8b\u5b9f\u3060\u308d\u3046\u3002\u30b3\u30ed\u30ca\u5f8c\u306e\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308a\u30a2\u30e1\u30ea\u30ab\u306e\u83ab\u5927\u306a\u653f\u5e9c\u50b5\u52d9\u306b\u306f\u5de8\u984d\u306e\u5229\u6255\u3044\u304c\u767a\u751f\u3057\u3066\u304a\u308a\u3001\u7c73\u56fd\u653f\u5e9c\u306f\u305d\u306e\u56fd\u50b5\u306e\u5229\u6255\u3044\u3092\u65b0\u305f\u306a\u56fd\u50b5\u767a\u884c\u306b\u3088\u3063\u3066\u8cc4\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u5229\u6255\u3044\u8cbb\u7528\u306f\u30b3\u30ed\u30ca\u5f8c\u306b\u6025\u4e0a\u6607\u3057\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\/2025\/02\/2024-4q-us-federal-government-interest-payments-to-gdp-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"513\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2024-4q-us-federal-government-interest-payments-to-gdp-chart.png\" alt=\"\" class=\"wp-image-59997\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2024-4q-us-federal-government-interest-payments-to-gdp-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2024-4q-us-federal-government-interest-payments-to-gdp-chart-300x257.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u306e\u307e\u307e\u501f\u91d1\u306e\u5229\u6255\u3044\u3092\u501f\u91d1\u3067\u8fd4\u3059\u72b6\u6cc1\u3092\u7d9a\u3051\u3066\u3044\u308b\u3068\u3001\u50b5\u5238\u5e02\u5834\u306b\u7c73\u56fd\u50b5\u304c\u6ea2\u308c\u8fd4\u308a\u3001\u8cb7\u3044\u624b\u4e0d\u8db3\u306b\u9665\u3063\u305f\u7c73\u56fd\u50b5\u306f\u4e0b\u843d\u3092\u907f\u3051\u3089\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/61404\" data-type=\"post\" data-id=\"61404\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u8ca1\u653f\u8d64\u5b57\u7d99\u7d9a\u306a\u3089\u7c73\u56fd\u50b5\u306f\u30b7\u30e7\u30c3\u30ad\u30f3\u30b0\u306a\u72b6\u6cc1\u306b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u72b6\u6cc1\u306f\u512a\u308c\u305f\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306a\u3089\u3070\u8ab0\u3082\u304c\u7406\u89e3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u8ca1\u52d9\u9577\u5b98\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3053\u308c\u307e\u3067\u306a\u3089\u3070\u3001\u4f8b\u3048\u3070\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u6642\u306e\u3088\u3046\u306b\u300c\u91d1\u878d\u3092\u7406\u89e3\u3057\u306a\u3044\u653f\u6cbb\u5bb6\u300d\u3068\u300c\u91d1\u878d\u3092\u7406\u89e3\u3057\u3066\u3044\u308b\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u300d\u306e\u6226\u3044\u3067\u3001\u5e02\u5834\u306f\u7d50\u5c40\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e\u4e88\u60f3\u901a\u308a\u306b\u9032\u3093\u3067\u3044\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u4eca\u56de\u306f\u72b6\u6cc1\u304c\u9055\u3046\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u8ca1\u52d9\u9577\u5b98\u306e\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u305d\u306e\u4eba\u3053\u305d\u304c\u3001Soros Fund Management\u306e\u904b\u7528\u3082\u3057\u3066\u3044\u305f\u3001\u4e16\u754c\u7684\u306a\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e1\u4eba\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u8ca1\u52d9\u9577\u5b98\u306b\u6307\u540d\u3055\u308c\u305f\u6642\u3001\u307e\u305a\u5f7c\u306f\u8ca1\u653f\u8d64\u5b57\u30923%\u306b\u4e0b\u3052\u308b\u76ee\u6a19\u3092\u767a\u8868\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\/56773\" data-type=\"post\" data-id=\"56773\">\u30c8\u30e9\u30f3\u30d7\u6c0f\u6307\u540d\u306e\u65b0\u8ca1\u52d9\u9577\u5b98\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3001\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u3092\u3082\u3058\u3063\u305f3\u3064\u306e\u77e2\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u63d0\u8a00<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\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>\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u653f\u5e9c\u652f\u51fa\u3092\u6e1b\u3089\u3057\u3001\u3053\u306e\u5de8\u984d\u306e\u653f\u5e9c\u50b5\u52d9\u3092\u6e1b\u3089\u305d\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u3001\u79e9\u5e8f\u7acb\u3063\u305f\u65b9\u6cd5\u3067\u305d\u308c\u3092\u884c\u3046\u3002\u3059\u3079\u3066\u3092\u4e00\u6c17\u306b\u3084\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u8ca1\u653f\u8d64\u5b57\u524a\u6e1b\u76ee\u6a19\u3092\u805e\u3044\u305f\u6642\u3001\u7c73\u56fd\u50b5\u306e\u904e\u5270\u767a\u884c\u3092\u5fc3\u914d\u3059\u308b\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u305f\u3061\u306f\u3001\u305d\u306e\u8a00\u8449\u3092\u3042\u307e\u308a\u771f\u5263\u306b\u6349\u3048\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070Soros Fund Management\u306b\u304a\u3051\u308b\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u5143\u4e0a\u53f8\u306b\u3042\u305f\u308b\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u30011\u6708\u306b\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58799\" data-type=\"post\" data-id=\"58799\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u7c73\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u6210\u529f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u5371\u6a5f\u3092\u8b66\u544a (2025\/1\/21)<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u7de9\u548c\u304c\u9032\u307f\u3001\u30d0\u30d6\u30eb\u306b\u306a\u3063\u305f\u8cc7\u7523\u4fa1\u683c\u3068\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u3082\u305f\u3089\u3059\u30a2\u30cb\u30de\u30eb\u30b9\u30d4\u30ea\u30c3\u30c8\u304c\u7d44\u307f\u5408\u308f\u3055\u308c\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u4e0a\u5411\u304b\u305b\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u50b5\u5238\u5e02\u5834\u306b\u554f\u984c\u3092\u5f15\u304d\u8d77\u3053\u3059\u3002\u3060\u304b\u3089\u7c73\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u304c\u8ca1\u52d9\u9577\u5b98\u306b\u306a\u3063\u305f\u7406\u7531<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3001\u7b46\u8005\u3092\u542b\u3081\u6295\u8cc7\u5bb6\u306f\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3092\u7518\u304f\u898b\u3059\u304e\u305f\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u4eca\u56de\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u8aac\u660e\u3059\u308b\u4e0a\u3067\u3001\u6b21\u306e\u30a8\u30d4\u30bd\u30fc\u30c9\u3092\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>\u666e\u6bb5\u308f\u305f\u3057\u306f\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u3068\u306e\u79c1\u7684\u306a\u4f1a\u8a71\u3092\u516c\u306b\u3059\u308b\u3053\u3068\u306f\u3057\u306a\u3044\u304c\u3001\u6b21\u306e\u3082\u306e\u306f\u4f8b\u306b\u51fa\u3057\u305f\u3044\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u982d\u306b\u3042\u308b\u72d9\u3044\u3092\u3088\u304f\u8868\u3057\u3066\u3044\u308b\u3068\u601d\u3046\u304b\u3089\u3060\u3002<\/p>\n\n\n\n<p>\u308f\u305f\u3057\u304c\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306b\u521d\u3081\u3066\u4f1a\u3046\u305f\u3081\u306b\u30de\u30fc\u30fb\u30a2\u30fb\u30e9\u30fc\u30b4\uff08\u8a33\u6ce8\uff1a\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u5225\u8358\uff09\u306b\u884c\u3063\u305f\u6642\u3001\u30c9\u30a2\u304b\u3089\u5165\u3063\u3066\u304d\u305f\u5927\u7d71\u9818\u306f\u300c\u30b9\u30b3\u30c3\u30c8\u3001\u3069\u3046\u3059\u308c\u3070\u666f\u6c17\u5f8c\u9000\u3092\u5f15\u304d\u8d77\u3053\u3055\u305a\u306b\u8ca0\u50b5\u3068\u8ca1\u653f\u8d64\u5b57\u3092\u524a\u6e1b\u3067\u304d\u308b\uff1f\u300d\u3068\u8a00\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u8a00\u8449\u3092\u305d\u306e\u307e\u307e\u4fe1\u3058\u308b\u306a\u3089\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u7d4c\u6e08\u306b\u554f\u984c\u3092\u5f15\u304d\u8d77\u3053\u3055\u305a\u306b\u8ca1\u653f\u8d64\u5b57\u3092\u524a\u6e1b\u3059\u308b\u305f\u3081\u306b\u3001\u4e16\u754c\u7684\u306a\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3067\u3042\u308b\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3092\u63a1\u7528\u3057\u305f\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u8ca1\u653f\u8d64\u5b57\u524a\u6e1b\u306f\u3001\u6295\u8cc7\u5bb6\u304c\u601d\u3063\u3066\u3044\u308b\u3088\u308a\u3082\u672c\u6c17\u306a\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p>\u4e0a\u8a18\u306e\u3088\u3046\u306b\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306a\u3069\u306e\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306f\u3001\u81ea\u5206\u306e\u512a\u79c0\u306a\u90e8\u4e0b\u3060\u3063\u305f\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u624d\u80fd\u3092\u8efd\u8996\u3057\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u304c\u3001\u8ab0\u304c\u3084\u3063\u3066\u3082\u7c73\u56fd\u50b5\u306e\u72b6\u6cc1\u306f\u5909\u308f\u3089\u306a\u3044\u3068\u8003\u3048\u3001\u56fd\u50b5\u4fa1\u683c\u306e\u4e0b\u843d\u3001\u3064\u307e\u308a\u91d1\u5229\u306e\u4e0a\u6607\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002\u3060\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u305d\u306e\u5f8c\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\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\/2025\/03\/2025-3-29-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"494\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-29-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-62229\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-29-us-10-year-treasury-bond-yield-chart.png 564w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/03\/2025-3-29-us-10-year-treasury-bond-yield-chart-300x263.png 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/figure>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30b3\u30e1\u30f3\u30c8\u306f1\u6708\u306e\u3082\u306e\u3060\u304c\u3001\u305d\u306e\u5f8c\u91d1\u5229\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u91d1\u5229\u64cd\u4f5c<\/strong><\/p>\n\n\n\n<p>\u5f53\u6642\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u4e88\u60f3\u901a\u308a\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u5c31\u4efb\u3067\u91d1\u5229\u306f\u4e0a\u6607\u3057\u3066\u304a\u308a\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u76ee\u7684\u304c\u4e0a\u8ff0\u306e\u901a\u308a\u306a\u3089\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u7126\u3063\u3066\u3044\u305f\u306f\u305a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u304b\u3089\u95a2\u7a0e\u306e\u8a71\u304c\u30cb\u30e5\u30fc\u30b9\u306b\u51fa\u59cb\u3081\u3001\u682a\u4fa1\u304c\u4e0b\u843d\u3057\u3001\u666f\u6c17\u6e1b\u901f\u3092\u4e88\u60f3\u3059\u308b\u50b5\u5238\u5e02\u5834\u3067\u306f\u91d1\u5229\u304c\u4e0b\u304c\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u4e00\u898b\u3001\u305f\u3060\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u682a\u5f0f\u5e02\u5834\u306e\u671f\u5f85\u306b\u5fdc\u3048\u3089\u308c\u305a\u3001\u682a\u5b89\u306b\u306a\u308a\u3001\u7d50\u679c\u3068\u3057\u3066\u91d1\u5229\u304c\u4e0b\u304c\u3063\u305f\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u8003\u3048\u3066\u3082\u3089\u3044\u305f\u3044\u3002\u682a\u4fa1\u3068\u91d1\u5229\u306e\u95a2\u4fc2\u306b\u306f\u3044\u304f\u3064\u304b\u306e\u30d1\u30bf\u30fc\u30f3\u3057\u304b\u306a\u3044\u3002\u307e\u305a\u91d1\u5229\u304c\u4e0b\u304c\u3063\u3066\u682a\u4fa1\u304c\u4e0a\u304c\u308b\u30b1\u30fc\u30b9\u3060\u304c\u3001\u305d\u308c\u306f\u91d1\u878d\u7de9\u548c\u306e\u30b1\u30fc\u30b9\u3067\u3042\u308a\u3001\u3053\u306e\u5c40\u9762\u3067\u91d1\u878d\u7de9\u548c\u3092\u3059\u308b\u3068\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u672c\u97f3\u3067\u91d1\u5229\u3092\u4e0b\u3052\u305f\u3044\u3068\u3044\u3046\u306e\u306f\u5206\u304b\u308b\u3002\u4ee5\u4e0b\u306e\u8a18\u4e8b\u304b\u3089\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u767a\u8a00\u3092\u629c\u7c8b\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/62048\" data-type=\"post\" data-id=\"62048\">\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f: \u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u653f\u7b56\u3067\u91d1\u5229\u306f\u4e0b\u304c\u308a\u7d9a\u3051\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u308f\u305f\u3057\u500b\u4eba\u306e\u610f\u898b\u3060\u304c\u3001Fed\u306f\u91d1\u5229\u3092\u4e0b\u3052\u308c\u3070\u826f\u3044\u3068\u601d\u3046\u3002\u30a4\u30f3\u30d5\u30ec\u3082\u4e0b\u304c\u3063\u3066\u304d\u3066\u3044\u308b\u3057\u3001\u95a2\u7a0e\u306b\u3088\u3063\u3066\u591a\u304f\u306e\u8cc7\u91d1\u3082\u5165\u3063\u3066\u304f\u308b\u306e\u3060\u304b\u3089\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c\u3068\u3082\u304b\u304f\u305d\u308c\u306f\u53f6\u308f\u306a\u3044\u3002\u3067\u3042\u308c\u3070\u3001\u3042\u3068\u306f\u682a\u4fa1\u304c\u4e0b\u304c\u3063\u3066\u91d1\u5229\u304c\u4e0b\u304c\u308b\u666f\u6c17\u6e1b\u901f\u30b7\u30ca\u30ea\u30aa\u304b\u3001\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u91d1\u5229\u3082\u4e0a\u304c\u308b\u666f\u6c17\u52a0\u901f\u30b7\u30ca\u30ea\u30aa\u3057\u304b\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u4e16\u754c\u7684\u306a\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3067\u3042\u308b\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u3001\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u3092\u3081\u3050\u308b\u4e0a\u8a18\u306e\u72b6\u6cc1\u3092\u7406\u89e3\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u4ee5\u4e0a\u91d1\u5229\u3092\u4e0a\u3052\u308b\u308f\u3051\u306b\u306f\u3044\u304b\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u682a\u5b89\u3068\u91d1\u5229\u4f4e\u4e0b\u3092\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u304c\u610f\u56f3\u7684\u306b\u9078\u3093\u3060\u3068\u8003\u3048\u308c\u3070\u3069\u3046\u3060\u308d\u3046\u304b\uff1f\u3000\u7c73\u56fd\u682a\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304b\u3089\u682a\u5b89\u3092\u6c17\u306b\u3059\u308b\u58f0\u306f\u805e\u3053\u3048\u3066\u3053\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u3001Soros Fund Management\u306b\u304a\u3051\u308b\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306e\u5f8c\u4efb\u8005\u3001\u73feCEO\u306e\u30c9\u30fc\u30f3\u30fb\u30d5\u30a3\u30c3\u30c4\u30d1\u30c8\u30ea\u30c3\u30af\u6c0f\u304c\u8a00\u3063\u3066\u3044\u305f\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/61129\" data-type=\"post\" data-id=\"61129\">\u30bd\u30ed\u30b9\u30d5\u30a1\u30f3\u30c9: \u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u682a\u4fa1\u4e0b\u843d\u3092\u6c17\u306b\u3057\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3068\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u521d\u5bfe\u9762\u306e\u8a71\u3092\u305d\u306e\u307e\u307e\u53d7\u3051\u53d6\u308b\u306a\u3089\u3070\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u304c\u6c17\u306b\u3057\u3066\u3044\u308b\u306e\u306f\u91d1\u5229\u3067\u3042\u308a\u3001\u305d\u306e\u305f\u3081\u306a\u3089\u3070\u682a\u4fa1\u304c\u591a\u5c11\u4e0b\u304c\u308d\u3046\u3068\u3082\u6c17\u306b\u3057\u306a\u3044\u3068\u601d\u3063\u3066\u3044\u308b\u3068\u3059\u308c\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u682a\u5f0f\u5e02\u5834\u3078\u306e\u614b\u5ea6\u306b\u3082\u8fbb\u8904\u304c\u5408\u3046\u3002<\/p>\n\n\n\n<p>\u6050\u3089\u304f\u3060\u304c\u3001\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u4e2d\u56fd\u306e\u4f4f\u5b85\u30d0\u30d6\u30eb\u306e\u50b5\u52d9\u51e6\u7406\u3067\u63d0\u6848\u3057\u305f\u65b9\u5f0f\u3001\u3064\u307e\u308a\u8ca1\u653f\u8d64\u5b57\u3092\u6e1b\u3089\u3057\u306a\u304c\u3089\u91d1\u5229\u3092\u4e0b\u3052\u308b\u3053\u3068\u3067\u3001\u524d\u8005\u306e\u666f\u6c17\u6e1b\u901f\u52b9\u679c\u3092\u5f8c\u8005\u3067\u6253\u3061\u6d88\u3059\u3084\u308a\u65b9\u3092\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u8003\u3048\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u305d\u3046\u8003\u3048\u308c\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u91d1\u5229\u306b\u95a2\u3059\u308b\u767a\u8a00\u3082\u3059\u3079\u3066\u6574\u5408\u7684\u306b\u306a\u308b\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\/46677\" data-type=\"post\" data-id=\"46677\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30d0\u30d6\u30eb\u5d29\u58ca\u4e2d\u306e\u4e2d\u56fd\u306f\u91d1\u878d\u7de9\u548c\u3059\u3079\u304d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u73fe\u5b9f\u3092\u898b\u308c\u3070\u3001\u91d1\u5229\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002\u305d\u308c\u306f\u3001\u304b\u3064\u3066\u306e\u4e0a\u53f8\u3067\u3042\u308b\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3092\u542b\u3080\u3001\u91d1\u5229\u4e0a\u6607\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u3059\u3079\u3066\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3092\u3001\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u304c\u51fa\u3057\u629c\u3044\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u306f\u306a\u3044\u306e\u304b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55497\" data-type=\"post\" data-id=\"55497\">\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u304c\u30a4\u30f3\u30d5\u30ec\u518d\u71c3\u4e88\u60f3\u3001\u30b4\u30fc\u30eb\u30c9\u3068\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3068Nasdaq\u3092\u63a8\u5968<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/59778\" data-type=\"post\" data-id=\"59778\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u50b5\u304b\u3089\u6295\u8cc7\u5bb6\u304c\u9003\u3052\u3066\u3044\u308b\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u91d1\u5229\u4e0a\u6607\u3067\u5fc3\u81d3\u767a\u4f5c\u3092\u8d77\u3053\u3059<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3068\u3057\u3066\u306e\u3042\u3089\u3086\u308b\u77e5\u8b58\u3092\u4f7f\u3044\u3001\u91d1\u5229\u3092\u4e0b\u3052\u3001\u8ca1\u653f\u8d64\u5b57\u3092\u6e1b\u3089\u3057\u3001\u306a\u304a\u304b\u3064\u5b9f\u4f53\u7d4c\u6e08\u3092\u7834\u58ca\u3057\u306a\u3044\u65b9\u6cd5\u3092\u5168\u529b\u3067\u8003\u3048\u3066\u3044\u308b\u3002\u682a\u4fa1\u306f\u6050\u3089\u304f\u305d\u306e\u72a0\u7272\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\u300f\u306e\u4e2d\u3067\u3001\u5148\u9032\u56fd\u306e\u591a\u984d\u306e\u50b5\u52d9\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u901a\u8ca8\u5b89\u3067\u89e3\u6c7a\u3055\u308c\u308b\u3057\u304b\u306a\u3044\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>Soros Fund Management\u3092\u4efb\u3055\u308c\u3066\u3044\u305f\u8ca1\u52d9\u9577\u5b98\u306e\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u306f\u3001\u540c\u3058\u304f\u4e16\u754c\u7684\u306a\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3068\u3057\u3066\u306e\u77e5\u6075\u3092\u7dcf\u52d5\u54e1\u3057\u3066\u305d\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u6297\u304a\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u6050\u3089\u304f\u73fe\u5728\u306e\u682a\u5b89\u3068\u91d1\u5229\u4f4e\u4e0b\u306f\u3001\u3053\u3046\u3057\u305f\u89b3\u70b9\u304b\u3089\u773a\u3081\u308b\u3053\u3068\u304c\u5fc5\u9808\u3067\u3042\u308b\u3002\u307e\u3060\u591a\u304f\u306e\u4eba\u304c\u6c17\u4ed8\u3044\u3066\u3044\u306a\u3044\u3068\u601d\u308f\u308c\u308b\u306e\u3067\u3001\u5171\u6709\u3057\u3066\u304a\u304f\u3002<\/p>\n\n\n\n<a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81CZHKszf9L._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001All-In Podcast\u306b\u3088\u308b\u30b9\u30b3\u30c3\u30c8\u30fb\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3092\u7d39\u4ecb\u3059\u308b\u3002\u4eca\u56de\u306f\u8ca1\u653f\u8d64\u5b57\u306e\u524a\u6e1b\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3060\u304c\u3001\u305d\u308c\u3092\u898b\u3066\u7b46\u8005\u304c\u8003\u3048\u305f\u3053\u3068\u3082\u5171\u6709\u3057\u3066\u304a\u304d\u305f\u3044\u3002<\/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":[203],"class_list":["post-62175","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-scott-bessent"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/62175","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=62175"}],"version-history":[{"count":133,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/62175\/revisions"}],"predecessor-version":[{"id":62309,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/62175\/revisions\/62309"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=62175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=62175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=62175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}