{"id":7490,"date":"2025-09-13T20:14:52","date_gmt":"2025-09-13T11:14:52","guid":{"rendered":"https:\/\/blackfire.work\/?p=7490"},"modified":"2025-09-13T20:14:54","modified_gmt":"2025-09-13T11:14:54","slug":"%ef%bc%83l%ef%bc%92%ef%bc%99-%ef%bc%83%e9%83%bd%e5%b8%82%e4%bc%9d%e8%aa%ac-%ef%bc%92%ef%bc%90%ef%bc%92%ef%bc%95%e5%b9%b4%ef%bc%99%e6%9c%88%ef%bc%92%ef%bc%92%e6%97%a5%e3%81%ab%e5%a4%a7%e8%a6%8f","status":"publish","type":"post","link":"https:\/\/blackfire.work\/?p=7490","title":{"rendered":"\uff03L\uff12\uff19 \uff03\u90fd\u5e02\u4f1d\u8aac \uff12\uff10\uff12\uff15\u5e74\uff19\u6708\uff12\uff12\u65e5\u306b\u5927\u898f\u6a21\u306a\u7d4c\u6e08\u5d29\u58ca\u304c\u8d77\u304d\u308b\uff1f"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" 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allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><\/figure>\n\n\n\n<p>\u52d5\u753b\u3067\u306f\u3001\u4e3b\u306b\u7d4c\u6e08\u5d29\u58ca\u306b\u95a2\u3059\u308b\u6b74\u53f2\u7684\u306a\u51fa\u6765\u4e8b\u3068\u73fe\u4ee3\u306e\u72b6\u6cc1\u3092\u7d50\u3073\u3064\u3051\u305f\u9670\u8b00\u8ad6\u304c\u8a9e\u3089\u308c\u3066\u304a\u308a\u30011929\u5e74\u306e\u5927\u6050\u614c\uff08\u30d6\u30e9\u30c3\u30af\u30b5\u30fc\u30ba\u30c7\u30fc\uff09\u3092\u4e2d\u5fc3\u306b\u3001\u56fd\u969b\u91d1\u878d\u8cc7\u672c\u5bb6\u306b\u3088\u308b\u610f\u56f3\u7684\u306a\u64cd\u4f5c\u304c\u5f37\u8abf\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u4ee5\u4e0b\u306b\u3001\u52d5\u753b\u5185\u3067\u8a00\u53ca\u3055\u308c\u3066\u3044\u308b\u4e3b\u306a\u7d4c\u6e08\u5d29\u58ca\u306b\u95a2\u3059\u308b\u9670\u8b00\u8ad6\u3092\u307e\u3068\u3081\u307e\u3059\u3002\u3053\u308c\u3089\u306f\u3059\u3079\u3066\u90fd\u5e02\u4f1d\u8aac\u3084\u9670\u8b00\u8ad6\u3068\u3057\u3066\u6271\u308f\u308c\u3066\u304a\u308a\u3001\u52d5\u753b\u306f\u8b66\u544a\u7684\u306a\u30c8\u30fc\u30f3\u3067\u8a9e\u3063\u3066\u3044\u307e\u3059\u3002<strong>\u4e3b\u306a\u9670\u8b00\u8ad6\u306e\u30dd\u30a4\u30f3\u30c8<\/strong>\u52d5\u753b\u306f\u3001\u904e\u53bb\u306e\u7d4c\u6e08\u5371\u6a5f\u304c\u5076\u7136\u3067\u306f\u306a\u304f\u3001\u5f37\u529b\u306a\u52e2\u529b\u306b\u3088\u308b\u8a08\u753b\u7684\u306a\u3082\u306e\u3060\u3063\u305f\u3068\u4e3b\u5f35\u3059\u308b\u5185\u5bb9\u3067\u3059\u3002\u4ee5\u4e0b\u306b\u30ad\u30fc\u3068\u306a\u308b\u3082\u306e\u3092\u5217\u6319\u3057\u307e\u3059\uff1a<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>L29\uff089\u670822\u65e5\uff09\u3068\u7d4c\u6e08\u5d29\u58ca\u306e\u5468\u671f\u6027<\/strong><br>\u52d5\u753b\u3067\u306f\u3001\u300cL29\u300d\u3068\u3044\u3046\u65e5\u4ed8\uff089\u670822\u65e5\uff09\u304c\u7d4c\u6e08\u5371\u6a5f\u306e\u5f15\u304d\u91d1\u306b\u306a\u308b\u3068\u3044\u3046\u5642\u3092\u6319\u3052\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u30012008\u5e74\u306e\u30ea\u30fc\u30de\u30f3\u30fb\u30b7\u30e7\u30c3\u30af\uff089\u670815\u65e5\u9803\uff09\u30842015\u5e74\u306e\u4e2d\u56fd\u30b7\u30e7\u30c3\u30af\u306a\u3069\u3001\u904e\u53bb\u306e\u91d1\u878d\u5371\u6a5f\u304c9\u6708\u9803\u306b\u96c6\u4e2d\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u30d1\u30bf\u30fc\u30f3\u306b\u57fa\u3065\u3044\u3066\u3044\u307e\u3059\u3002\u9670\u8b00\u8ad6\u3068\u3057\u3066\u3001\u3053\u308c\u3089\u306e\u51fa\u6765\u4e8b\u304c\u56fd\u969b\u7684\u306a\u91d1\u878d\u52e2\u529b\u306b\u3088\u3063\u3066\u610f\u56f3\u7684\u306b\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u5408\u308f\u305b\u3066\u5f15\u304d\u8d77\u3053\u3055\u308c\u305f\u53ef\u80fd\u6027\u3092\u6307\u6458\u3057\u3001\u65e5\u672c\u7d4c\u6e08\u30822025\u5e749\u670822\u65e5\u9803\u306b\u5d29\u58ca\u306e\u5371\u6a5f\u3092\u8fce\u3048\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3068\u8b66\u544a\u3057\u3066\u3044\u307e\u3059\u3002<\/li>\n\n\n\n<li><strong>\u5927\u6050\u614c\uff081929\u5e74\u30d6\u30e9\u30c3\u30af\u30b5\u30fc\u30ba\u30c7\u30fc\uff09\u306e\u610f\u56f3\u7684\u5f15\u304d\u8d77\u3053\u3057<\/strong><br>1929\u5e74\u306e\u682a\u5f0f\u5e02\u5834\u66b4\u843d\uff08\u30d6\u30e9\u30c3\u30af\u30b5\u30fc\u30ba\u30c7\u30fc\uff09\u3092\u4f8b\u306b\u3001\u682a\u4fa1\u304c\u5b9f\u4f53\u7d4c\u6e08\u3092\u4e0a\u56de\u308b\u7570\u5e38\u306a\u4e0a\u6607\uff08\u30d0\u30d6\u30eb\uff09\u304c\u5d29\u58ca\u3057\u305f\u7d4c\u7def\u3092\u8aac\u660e\u3002\u9670\u8b00\u8ad6\u306e\u6838\u5fc3\u3068\u3057\u3066\u3001\u30ed\u30b9\u30c1\u30e3\u30a4\u30eb\u30c9\u5bb6\u3084\u30ed\u30c3\u30af\u30d5\u30a7\u30e9\u30fc\u5bb6\u306a\u3069\u306e\u56fd\u969b\u91d1\u878d\u8cc7\u672c\u5bb6\u304c\u3053\u308c\u3092\u8a08\u753b\u7684\u306b\u4ed5\u7d44\u3093\u3060\u3068\u4e3b\u5f35\u3057\u307e\u3059\u3002\u5f7c\u3089\u306f\u66b4\u843d\u524d\u306b\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u8a3c\u5238\u53d6\u5f15\u6240\u306e\u5e2d\u3092\u9ad8\u5024\u3067\u58f2\u308a\u629c\u3051\u3001\u5229\u76ca\u3092\u5f97\u305f\u5f8c\u3001\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u3092\u518d\u69cb\u7bc9\u3057\u3066\u652f\u914d\u3092\u5f37\u3081\u305f\u3068\u3055\u308c\u307e\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u901a\u8ca8\u304c\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff08FRB\uff09\u306b\u3088\u308b\u7ba1\u7406\u901a\u8ca8\u30b7\u30b9\u30c6\u30e0\u306b\u79fb\u884c\u3057\u3001\u5f7c\u3089\u306e\u5229\u76ca\u304c\u6700\u5927\u5316\u3055\u308c\u305f\u3068\u3044\u3046\u3082\u306e\u3067\u3059\u3002<\/li>\n\n\n\n<li><strong>\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff08FRB\uff09\u3068\u30bf\u30a4\u30bf\u30cb\u30c3\u30af\u53f7\u6c88\u6ca1\u306e\u9670\u8b00<\/strong><br>FRB\u306e\u8a2d\u7acb\u306b\u95a2\u9023\u3059\u308b\u9670\u8b00\u8ad6\u3068\u3057\u3066\u30011912\u5e74\u306e\u30bf\u30a4\u30bf\u30cb\u30c3\u30af\u53f7\u6c88\u6ca1\u304c\u610f\u56f3\u7684\u3060\u3063\u305f\u3068\u3044\u3046\u8aac\u3092\u7d39\u4ecb\u3057\u307e\u3059\u3002\u8239\u306b\u306fFRB\u53cd\u5bfe\u6d3e\u306e\u6709\u529b\u8005\uff08\u4f8b: \u30a2\u30b9\u30c8\u30fc\u30eb\u3001\u30b0\u30c3\u30b2\u30f3\u30cf\u30a4\u30e0\u3001\u30b9\u30c8\u30e9\u30a6\u30b9\uff09\u304c\u4e57\u3063\u3066\u304a\u308a\u3001\u5f7c\u3089\u3092\u6392\u9664\u3059\u308b\u3053\u3068\u3067FRB\u306e\u63a8\u9032\u6d3e\uff08\u30ed\u30b9\u30c1\u30e3\u30a4\u30eb\u30c9\u3084\u30ed\u30c3\u30af\u30d5\u30a7\u30e9\u30fc\uff09\u304c\u30c9\u30eb\u652f\u914d\u3092\u78ba\u7acb\u3067\u304d\u305f\u3068\u3055\u308c\u307e\u3059\u3002\u3053\u308c\u304c\u5927\u6050\u614c\u3084\u6226\u5f8c\u306e\u7d4c\u6e08\u6226\u4e89\u306e\u57fa\u76e4\u3068\u306a\u308a\u3001\u56fd\u969b\u91d1\u878d\u5bb6\u304c\u4e16\u754c\u7d4c\u6e08\u3092\u64cd\u308b\u305f\u3081\u306e\u5e03\u77f3\u3060\u3063\u305f\u3068\u3044\u3046\u5185\u5bb9\u3067\u3059\u3002<\/li>\n\n\n\n<li><strong>\u73fe\u4ee3\u306e\u7d4c\u6e08\u72b6\u6cc1\u3068\u306e\u985e\u4f3c\u6027\u3068\u518d\u6765\u306e\u4e88\u5146<\/strong><br>1920\u5e74\u4ee3\u306e\u72b6\u6cc1\u3068\u73fe\u5728\u306e\u7d4c\u6e08\u3092\u6bd4\u8f03\u3057\u3001\u682a\u4fa1\u306e\u4e0a\u6607\u3001\u6771\u4eac\u306e\u4e0d\u52d5\u7523\u30d0\u30d6\u30eb\u3001\u7c73\u4e2d\u30fb\u7c73\u65e5\u8cbf\u6613\u6226\u4e89\uff08\u95a2\u7a0e\u6226\u4e89\uff09\u306a\u3069\u304c\u5927\u6050\u614c\u306e\u518d\u6765\u3092\u4e88\u611f\u3055\u305b\u308b\u3068\u6307\u6458\u3002\u9670\u8b00\u8ad6\u3068\u3057\u3066\u3001\u3053\u308c\u3089\u304c\u518d\u3073\u56fd\u969b\u91d1\u878d\u8cc7\u672c\u5bb6\u306b\u3088\u308b\u64cd\u4f5c\u3067\u3001\u7d4c\u6e08\u5d29\u58ca\u3092\u610f\u56f3\u7684\u306b\u5f15\u304d\u8d77\u3053\u3059\u305f\u3081\u306e\u5e03\u77f3\u3060\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u52d5\u753b\u306f\u3001\u7269\u4fa1\u4e0a\u6607\u3001GDP\u505c\u6ede\u3001\u5931\u696d\u7387\u306e\u4e0a\u6607\u306a\u3069\u306e\u73fe\u5728\u306e\u4e0d\u5b89\u5b9a\u3055\u3092\u6319\u3052\u30019\u6708\u9803\u306e\u5d29\u58ca\u304c\u300c\u4e16\u754c\u306e\u5d29\u58ca\u306e1\u65e5\u300d\u306b\u306a\u308b\u53ef\u80fd\u6027\u3092\u5f37\u8abf\u3057\u307e\u3059\u3002<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"ja\" dir=\"ltr\">16\u301c17\u65e5\u306bFOMC\u3001\u5229\u4e0b\u3052\u518d\u958b\u3078\u3000\u5e02\u5834\u304c\u306b\u3089\u3080\u300c\u30d1\u30a6\u30a8\u30eb\u5f8c\u300d<a href=\"https:\/\/t.co\/E6pnAHkNCG\">https:\/\/t.co\/E6pnAHkNCG<\/a><\/p>&mdash; \u65e5\u672c\u7d4c\u6e08\u65b0\u805e \u96fb\u5b50\u7248\uff08\u65e5\u7d4c\u96fb\u5b50\u7248\uff09 (@nikkei) <a href=\"https:\/\/twitter.com\/nikkei\/status\/1966606578767065473?ref_src=twsrc%5Etfw\">September 12, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p>\uff19\u6708\uff12\uff12\u65e5\u306fFRB\u304c\u5229\u4e0b\u3052\u3001\u65e5\u9280\u304c\u30ef\u30f3\u30c1\u30e3\u30f3\u5229\u4e0a\u3052\u3092\u3057\u305f\u76f4\u5f8c\u306e\u9031\u660e\u3051\u6708\u66dc\u65e5\u306b\u306a\u308b\u3093\u3067\u305d\u3053\u304b\u3089\u4e0b\u843d\u76f8\u5834\u306b\u7a81\u5165\u3057\u3066\u3044\u304f\u3068\u3044\u3046\u3053\u3068\u304b\u306a\uff1f<\/p>\n\n\n\n<p>\u9280\u884c\u304c\u7d50\u69cb\u3084\u3070\u3044\u3093\u3067\u3059\u3088\u306d\u3002\u30d0\u30f3\u30ab\u30e1\u3068\u30e2\u30eb\u30ac\u30f3\u3042\u305f\u308a\u304c\u7d50\u69cb\u3084\u3070\u3044\u7279\u306b\uff11\uff10\u6708\u534a\u3070\u306b\u4e21\u8005\u3068\u3082\u6c7a\u7b97\u304c\u3042\u308b\u3093\u3067\u3059\u3051\u3069\u3001\u305d\u3053\u3067\u81ea\u52d5\u8eca\u7528\u30b5\u30d6\u30d7\u30e9\u30a4\u30e0\u30ed\u30fc\u30f3\u4f1a\u793e\u30c8\u30e9\u30a4\u30ab\u30e9\u30fc\u304c\u5012\u7523\u3057\u305f\u6642\u306e\u640d\u5931\uff12\u5104\u30c9\u30eb\u3001\u65e5\u672c\u5186\u306b\u63db\u7b97\u3057\u3066\u7d04\uff13\uff10\uff10\u5104\u304c\u30e2\u30eb\u30ac\u30f3\u306b\u306e\u3057\u304b\u304b\u3063\u3066\u304f\u308b<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"ja\" dir=\"ltr\">\u30b5\u30d6\u30d7\u30e9\u30a4\u30e0\u81ea\u52d5\u8eca\u30ed\u30fc\u30f3\u3092\u624b\u639b\u3051\u308b\u30c8\u30ea\u30ab\u30e9\u30fc\u304c\u7834\u7523\u7533\u8acb\u3057\u6e05\u7b97\u3078\u3002\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u30ed\u30fc\u30f3\u3092\u8a3c\u5238\u5316\u3057\u3001\u683c\u4ed8\u3051\u4f1a\u793e\u306fAAA\u3092\u4e0e\u3048\u3066\u3044\u305f\u304c\u3001AAA\u306f\u30ea\u30fc\u30de\u30f3\u6642\u540c\u69d8\u306b\u610f\u5473\u3092\u306a\u3055\u306a\u3044\u3002\u6f6e\u304c\u5f15\u3051\u3070\u8ab0\u304c\u88f8\u3067\u6cf3\u3044\u3067\u3044\u305f\u304b\u308f\u304b\u308b\u3002\u4e0d\u6cc1\u9023\u9396\u306f\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u3092\u63fa\u308b\u304c\u3059\u5371\u967a\u306a\u6bb5\u968e\u306b\u5165\u3063\u305f\u3002 <a href=\"https:\/\/t.co\/hijmOJarmC\">https:\/\/t.co\/hijmOJarmC<\/a><\/p>&mdash; \u671d\u5009\u667a\u4e5f(Tomoya Asakura) (@tomoyaasakura) <a href=\"https:\/\/twitter.com\/tomoyaasakura\/status\/1966775680794063179?ref_src=twsrc%5Etfw\">September 13, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" 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