{"id":72562,"date":"2025-11-30T20:00:00","date_gmt":"2025-11-30T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=72562"},"modified":"2025-11-30T15:40:43","modified_gmt":"2025-11-30T06:40:43","slug":"%e3%83%95%e3%82%a9%e3%83%b3%e3%83%bb%e3%82%b0%e3%83%a9%e3%82%a4%e3%82%a2%e3%83%bc%e3%83%84%e6%b0%8f-%e3%83%93%e3%83%83%e3%83%88%e3%82%b3%e3%82%a4%e3%83%b3%e3%81%af%e3%82%b4%e3%83%bc%e3%83%ab%e3%83%89","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/72562","title":{"rendered":"\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u30b4\u30fc\u30eb\u30c9\u306e\u4ee3\u308f\u308a\u306b\u306f\u306a\u3089\u306a\u3044"},"content":{"rendered":"\n<p>Von Greyerz\u306e\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u304c\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u306e\u4e2d\u3067\u3001\u901a\u8ca8\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u306e\u30b4\u30fc\u30eb\u30c9\u3068\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u6bd4\u8f03\u3057\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30c9\u30eb\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u306e\u30b4\u30fc\u30eb\u30c9<\/strong><\/p>\n\n\n\n<p>\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u9577\u3089\u304f\u30b4\u30fc\u30eb\u30c9\u3092\u63a8\u3057\u3066\u304a\u308a\u3001\u305d\u306e\u4e88\u60f3\u306f\u307e\u3055\u306b\u5f53\u305f\u308a\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63905\" data-type=\"post\" data-id=\"63905\">\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u30c9\u30eb\u304b\u3089\u306e\u8cc7\u91d1\u9003\u907f\u3067\u4e0a\u6607\u3057\u305f\u30b4\u30fc\u30eb\u30c9\u306f\u3082\u3046\u4e8c\u5ea6\u3068\u4e0b\u843d\u3057\u306a\u3044\u3001\u30b7\u30eb\u30d0\u30fc\u306f\u3053\u308c\u304b\u3089\u66b4\u9a30\u3059\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/72240\" data-type=\"post\" data-id=\"72240\">\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u9280\u4fa1\u683c\u306f50\u30c9\u30eb\u306e\u30e9\u30a4\u30f3\u3092\u8d85\u3048\u308c\u3070\u6025\u4e0a\u6607\u3057\u3066\u3086\u304f<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u91d1\u4fa1\u683c\u304c\u9ad8\u9a30\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u554f\u984c\u3084\u5730\u653f\u5b66\u30ea\u30b9\u30af\u3092\u61f8\u5ff5\u3057\u305f\u4e2d\u6771\u8af8\u56fd\u3084BRICS\u8af8\u56fd\u306e\u4e2d\u592e\u9280\u884c\u304c\u3001\u30c9\u30eb\u3092\u58f2\u3063\u3066\u30b4\u30fc\u30eb\u30c9\u306b\u6301\u3061\u66ff\u3048\u3066\u3044\u308b\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\/72183\" data-type=\"post\" data-id=\"72183\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f: \u91d1\u4fa1\u683c\u306e\u9577\u671f\u7684\u4e0a\u6607\u3092\u652f\u3048\u308b\u4e2d\u592e\u9280\u884c\u3001\u307e\u3060\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u306a\u3044\u4e00\u822c\u4eba<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u304b<\/strong><\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u3001\u7d19\u5e63\u5370\u5237\u306b\u3088\u3063\u3066\u7d19\u5e63\u306e\u4fa1\u5024\u304c\u8584\u307e\u308b\u3053\u3068\u3092\u61f8\u5ff5\u3059\u308b\u4e16\u306e\u4e2d\u3067\u3001\u30b4\u30fc\u30eb\u30c9\u306e\u4ed6\u306b\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u306e\u304c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306b\u95a2\u3057\u3066\u6b21\u306e\u3088\u3046\u306b\u8a00\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>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3084\u4ed6\u306e\u6697\u53f7\u901a\u8ca8\u304c\u30b4\u30fc\u30eb\u30c9\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u3068\u601d\u3063\u3066\u3044\u308b\u4eba\u306f\u591a\u3044\u304c\u3001\u308f\u308c\u308f\u308c\u306e\u8003\u3048\u3067\u306f\u305d\u308c\u306f\u4e8b\u5b9f\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u4f55\u5343\u5e74\u3082\u901a\u8ca8\u3068\u3057\u3066\u5b58\u5728\u3057\u7d9a\u3051\u3066\u3044\u308b\u3082\u306e\u3092\u3001\u30b3\u30f3\u30d4\u30e5\u30fc\u30bf\u3084USB\u30e1\u30e2\u30ea\u306e\u4e2d\u306b\u5b58\u5728\u3059\u308b\u3001\u305d\u308c\u81ea\u8eab\u3067\u4fa1\u5024\u3092\u6301\u305f\u306a\u3044\u3082\u306e\u304c\u7f6e\u304d\u63db\u3048\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30eb\u3084\u305d\u306e\u4ed6\u306e\u7d19\u5e63\u306f\u653f\u5e9c\u304c\u4fa1\u5024\u3092\u8584\u3081\u308b\u304b\u3089\u6301\u3064\u3079\u304d\u3067\u306f\u306a\u3044\u3068\u8003\u3048\u308b\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u305d\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3088\u3046\u3060\u3002<\/p>\n\n\n\n<p>\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306e\u8003\u3048\u306f\u3001\u3042\u308b\u610f\u5473\u306b\u304a\u3044\u3066\u306f\u30d5\u30a7\u30a2\u3067\u306f\u306a\u3044\u3068\u8a00\u3048\u308b\u3002\u4f8b\u3048\u3070\u30b4\u30fc\u30eb\u30c9\u306b\u300c\u305d\u308c\u81ea\u8eab\u306e\u4fa1\u5024\u300d\u304c\u3069\u308c\u3060\u3051\u3042\u308b\u306e\u304b\u3002\u30b4\u30fc\u30eb\u30c9\u306e\u7528\u9014\u3068\u8a00\u3048\u3070\u7f8e\u8853\u5de5\u82b8\u54c1\u3084\u6b6f\u79d1\u6cbb\u7642\u3060\u304c\u3001\u305d\u308c\u3060\u3051\u3067\u4eca\u306e\u91d1\u4fa1\u683c\u306e\u5927\u5e45\u306a\u4e0a\u6607\u304c\u8aac\u660e\u3067\u304d\u308b\u308f\u3051\u3082\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u306e\u4fa1\u5024\u306e\u5927\u534a\u3082\u300c\u305d\u308c\u81ea\u8eab\u306e\u4fa1\u5024\u300d\u304b\u3089\u6765\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u306e\u3067\u3042\u308a\u3001\u6295\u8cc7\u5bb6\u304c\u5358\u306b\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u304b\u3089\u306b\u904e\u304e\u306a\u3044\u3002\u305d\u306e\u70b9\u3067\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3068\u307b\u3068\u3093\u3069\u540c\u3058\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30ea\u30b9\u30af\u8abf\u6574\u5f8c\u30ea\u30bf\u30fc\u30f3<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3001\u30d7\u30ed\u306e\u8cc7\u7523\u904b\u7528\u5bb6\u3067\u3042\u308c\u3070\u8ab0\u3067\u3082\u8003\u3048\u308b\u30ea\u30b9\u30af\u8abf\u6574\u5f8c\u30ea\u30bf\u30fc\u30f3\u3068\u3044\u3046\u3082\u306e\u3092\u8003\u3048\u3066\u307f\u308c\u3070\u3001\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306e\u8003\u3048\u306b\u3082\u4e00\u7406\u304c\u3042\u308b\u3068\u8a00\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\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>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u78ba\u304b\u306b100\u4e07\u30c9\u30eb\u306b\u3082\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u3060\u304c\u540c\u6642\u306b\u3001\u4fa1\u5024\u304c\u30bc\u30ed\u306b\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u8cc7\u7523\u4fdd\u5168\u3068\u3044\u3046\u89b3\u70b9\u304b\u3089\u898b\u308c\u3070\u3001\u305d\u306e\u3088\u3046\u306a\u30ea\u30b9\u30af\u3092\u53d6\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6697\u53f7\u901a\u8ca8\u304c\u679c\u305f\u3057\u3066\u672c\u5f53\u306b\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u306e\u304b\u3069\u3046\u304b\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u4f8b\u3048\u307020\u5e74\u5f8c\u3082\u3061\u3083\u3093\u3068\u8cc7\u7523\u4fa1\u5024\u3092\u6301\u3063\u3066\u3044\u308b\u306e\u304b\u3069\u3046\u304b\u306f\u3001\u305d\u3046\u306a\u3063\u3066\u3044\u308b\u672a\u6765\u3082\u5341\u5206\u6709\u308a\u5f97\u308b\u3060\u308d\u3046\u304c\u3001\u78ba\u5b9a\u3057\u305f\u672a\u6765\u3067\u306f\u307e\u3063\u305f\u304f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u6697\u53f7\u901a\u8ca8\u3001\u7279\u306b\u73fe\u7269\u306b\u3088\u308b\u88cf\u4ed8\u3051\u3084\u653f\u5e9c\u306b\u3088\u308b\u6cd5\u7684\u5f37\u5236\u529b\u306e\u306a\u3044\u6697\u53f7\u901a\u8ca8\u304c\u300120\u5e74\u5f8c\u306b\u306f\u5fd8\u308c\u53bb\u3089\u308c\u3066\u3044\u308b\u3068\u3044\u3046\u672a\u6765\u3082\u3001\u6697\u53f7\u901a\u8ca8\u304c\u3053\u306e\u307e\u307e\u6570\u5341\u5e74\u4e16\u754c\u306b\u6d41\u901a\u3057\u7d9a\u3051\u308b\u3068\u3044\u3046\u672a\u6765\u3068\u540c\u69d8\u306b\u3001\u6709\u308a\u5f97\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u3001\u6570\u5343\u5e74\u306e\u9593\u4eba\u985e\u306b\u3088\u3063\u3066\u901a\u8ca8\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u8a8d\u3081\u3089\u308c\u3066\u304d\u305f\u30b4\u30fc\u30eb\u30c9\u304c\u30012025\u5e74\u30842026\u5e74\u306b\u6025\u306b\u901a\u8ca8\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u306e\u4fa1\u5024\u3092\u5931\u3046\u3053\u3068\u306f\u8003\u3048\u3065\u3089\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u3001\u305d\u3046\u3057\u305f\u30ea\u30b9\u30af\u3092\u5272\u308a\u5f15\u3044\u305f\u4e0a\u3067\u8003\u3048\u308c\u3070\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u30b4\u30fc\u30eb\u30c9\u3088\u308a\u9b45\u529b\u7684\u306a\u8cc7\u7523\u3068\u306a\u308b\u305f\u3081\u306b\u306f\u3001\u305d\u306e\u30ea\u30b9\u30af\u306e\u5206\u3060\u3051\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u30b4\u30fc\u30eb\u30c9\u3088\u308a\u3082\u9ad8\u3044\u30ea\u30bf\u30fc\u30f3\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u308f\u3051\u3067\u3042\u308b\u3002\u305d\u308c\u3053\u305d\u304c\u30ea\u30b9\u30af\u8abf\u6574\u5f8c\u30ea\u30bf\u30fc\u30f3\u306e\u8003\u3048\u65b9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u4eca\u4e00\u756a\u306e\u554f\u984c\u306f\u3001\u305d\u3046\u3057\u305f\u30ea\u30b9\u30af\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304c\u30b4\u30fc\u30eb\u30c9\u306b\u5927\u5e45\u306b\u8ca0\u3051\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u4fa1\u683c\u306f\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\/11\/2025-11-30-gold-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"529\" height=\"501\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-gold-chart.png\" alt=\"\" class=\"wp-image-72598\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-gold-chart.png 529w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-gold-chart-300x284.png 300w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/a><\/figure>\n\n\n\n<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u306f\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\/11\/2025-11-30-btcusd-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"529\" height=\"501\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-btcusd-chart.png\" alt=\"\" class=\"wp-image-72599\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-btcusd-chart.png 529w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/11\/2025-11-30-btcusd-chart-300x284.png 300w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u305d\u3082\u305d\u3082\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u6295\u6a5f\u306e\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u3059\u308b\u30a4\u30f3\u30d5\u30eb\u30a8\u30f3\u30b5\u30fc\u3067\u306f\u306a\u304f\u3001\u30e8\u30fc\u30ed\u30c3\u30d1\u3084\u30a2\u30e1\u30ea\u30ab\u306e\u5bcc\u88d5\u5c64\u3092\u76f8\u624b\u306b\u8cc7\u7523\u306e\u4fdd\u5168\u306e\u52a9\u8a00\u3092\u3059\u308b\u91d1\u878d\u5bb6\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u3001\u30ea\u30b9\u30af\u304c\u3042\u3063\u3066\u3082\u30ea\u30bf\u30fc\u30f3\u304c\u5927\u304d\u3051\u308c\u3070\u826f\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u306f\u306a\u304f\u3001\u305d\u3082\u305d\u3082\u305d\u3046\u3057\u305f\u30ea\u30b9\u30af\u304c\u3042\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306f\u3001\u8cc7\u7523\u4fdd\u5168\u4ee5\u5916\u306e\u76ee\u7684\u3067\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u4fdd\u6709\u3059\u308b\u3053\u3068\u3092\u5426\u5b9a\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\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>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u6c7a\u7b97\u30b7\u30b9\u30c6\u30e0\u3068\u3057\u3066\u306f\u6a5f\u80fd\u3059\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u6295\u6a5f\u306e\u5bfe\u8c61\u3068\u3057\u3066\u306f\u4f7f\u3048\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u3060\u304c\u3001\u8cc7\u7523\u306e\u4fdd\u5168\u306b\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u4f7f\u3046\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c\u3001\u672c\u5f53\u306e\u610f\u5473\u3067\u306e\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u306f\u3001\u30b4\u30fc\u30eb\u30c9\u304c\u826f\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u540c\u6642\u306b\u500b\u4eba\u7684\u306b\u306f\u3001\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u304c\u8a00\u3046\u3088\u3046\u306b\u30b4\u30fc\u30eb\u30c9\u3092\u6c38\u9060\u306b\u6301\u3061\u7d9a\u3051\u308c\u3070\u826f\u3044\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u30021970\u5e74\u4ee3\u306e\u30a4\u30f3\u30d5\u30ec\u306e\u6642\u4ee3\u306b\u305d\u3046\u3060\u3063\u305f\u3088\u3046\u306b\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u7d42\u308f\u308c\u3070\u30b4\u30fc\u30eb\u30c9\u306f\u3053\u308c\u307e\u3067\u4e0a\u304c\u3063\u3066\u3044\u305f\u5206\u66b4\u843d\u3057\u3066\u3086\u304f\u3060\u308d\u3046\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\/35411\" data-type=\"post\" data-id=\"35411\">1970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u306b\u304a\u3051\u308b\u8cb4\u91d1\u5c5e\u3084\u8fb2\u4f5c\u7269\u306e\u4fa1\u683c\u63a8\u79fb<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u3092\u76f2\u76ee\u7684\u306b\u6301\u3061\u7d9a\u3051\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u5929\u4e95\u3092\u898b\u6975\u3081\u308b\u76ee\u304c\u5fc5\u8981\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u3002\u8a73\u3057\u304f\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u89e3\u8aac\u3057\u3066\u3044\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\/67621\" data-type=\"post\" data-id=\"67621\">\u91d1\u4fa1\u683c\u306e\u63a8\u79fb\u4e88\u60f3: \u30b4\u30fc\u30eb\u30c9\u9ad8\u9a30\u306f\u4e2d\u592e\u9280\u884c\u306e\u7d19\u5e63\u5370\u5237\u61f8\u5ff5\u304c\u5b8c\u5168\u306b\u7d42\u308f\u308b\u307e\u3067\u7d9a\u304f<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Von Greyerz\u306e\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u304c\u81ea\u793e\u914d\u4fe1\u52d5\u753b\u306e\u4e2d\u3067\u3001\u901a\u8ca8\u306e\u4ee3\u308f\u308a\u3068\u3057\u3066\u306e\u30b4\u30fc\u30eb\u30c9\u3068\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u6bd4\u8f03\u3057\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\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":[164,57,110],"tags":[204],"class_list":["post-72562","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-commodity-markets","category-gold","tag-egon-von-greyerz"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/72562","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=72562"}],"version-history":[{"count":37,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/72562\/revisions"}],"predecessor-version":[{"id":72601,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/72562\/revisions\/72601"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=72562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=72562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=72562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}