{"id":9511,"date":"2020-03-08T19:06:52","date_gmt":"2020-03-08T10:06:52","guid":{"rendered":"https:\/\/mrtzzz.com\/blog\/?p=9511"},"modified":"2020-03-16T12:18:21","modified_gmt":"2020-03-16T03:18:21","slug":"monetary_easing_is_not_a_panacea","status":"publish","type":"post","link":"https:\/\/mrtzzz.com\/blog\/2020\/03\/08\/monetary_easing_is_not_a_panacea\/","title":{"rendered":"\u91d1\u878d\u7de9\u548c\u306f\u4e07\u80fd\u85ac\u3067\u306f\u306a\u3044\uff5c\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u554f\u984c"},"content":{"rendered":"<h2>\u91d1\u878d\u7de9\u548c\u3068\u306f\uff1f<\/h2>\n<p>2\u6708\u672b\u306b\u30a2\u30e1\u30ea\u30abFRB\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u304c\u91d1\u878d\u7de9\u548c\u306e\u53ef\u80fd\u6027\u306b\u89e6\u308c\u30013\u6708\u306b\u5165\u3063\u305f\u6708\u66dc\u306e\u6700\u521d\u306e\u55b6\u696d\u65e5\u306b\u65e5\u9280\u306e\u9ed2\u7530\u7dcf\u88c1\u304c\u91d1\u878d\u7de9\u548c\u306e\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u89e6\u308c\u307e\u3057\u305f\u3002<\/p>\n<p>\u3053\u308c\u3092\u53d7\u3051\u30663\u67083\u65e5\u671d\u306e\u5916\u96fb\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u682a\u306f\u53f2\u4e0a\u6700\u9ad8\u306e\u4e0a\u3052\u5e455\uff05\u306e\u623b\u308a\u3092\u9054\u6210\u3057\u307e\u3057\u305f\u3002<\/p>\n<p>\u4eca\u56de\u306f\u91d1\u878d\u7de9\u548c\u3068\u91d1\u306b\u95a2\u3057\u3066\u306e\u89e3\u8aac\u3092\u3057\u3066\u307e\u3044\u308a\u307e\u3059\u3002<\/p>\n<figure id=\"attachment_9505\" aria-describedby=\"caption-attachment-9505\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9505\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_is_monetary_easing.jpg\" alt=\"\" width=\"400\" height=\"267\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_is_monetary_easing.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_is_monetary_easing-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9505\" class=\"wp-caption-text\">\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u62e1\u5927\u306b\u4f34\u3046\u751f\u7523\u6027\u306e\u4f4e\u4e0b\u3067\u3001\u4e16\u754c\u306e\u30de\u30fc\u30b1\u30c3\u30c8\u306f\u5927\u8352\u308c<\/figcaption><\/figure>\n<p>\u91d1\u878d\u7de9\u548c\u3068\u306f\u3001\u8ca1\u52d9\u7701\u30fb\u65e5\u9280\u306b\u3088\u308b\u5186\u58f2\u308a\u4ecb\u5165\u3068\u540c\u3058\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u4eca\u56de\u306e\u3088\u3046\u306b\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306b\u3088\u3063\u3066\u30de\u30fc\u30b1\u30c3\u30c8\u304c\u5927\u8352\u308c\u306b\u306a\u3063\u305f\u5834\u5408\u3001\u5404\u56fd\u306e\u653f\u5e9c\u306f\u5bfe\u7b56\u3092\u8b1b\u3058\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u901a\u5e38\u306f\u30ea\u30b9\u30af\u56de\u907f\u306e\u5186\u9ad8\u306a\u3069\u306e\u73fe\u8c61\u304c\u8d77\u3053\u308b\u306e\u3067\u3059\u304c\u3001\u4eca\u56de\u306f\u8a00\u3046\u307b\u3069\u306e\u5927\u304d\u306a\u5186\u9ad8\u306b\u306f\u306a\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u65e5\u672c\u653f\u5e9c\u306f\u3001\u901a\u8ca8\u52d5\u5411\u306b\u95a2\u3057\u3066\u3044\u3064\u3082\u5927\u304d\u306a\u95a2\u5fc3\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u4eca\u56de\u306e\u5834\u5408\u306f\u5186\u306e\u6025\u9a30\u3088\u308a\u3082\u682a\u4fa1\u306e\u6025\u843d\u304c\u3072\u3069\u3044\u306e\u3067\u3001\u91d1\u878d\u7de9\u548c\u653f\u7b56\u3092\u3068\u308b\u3067\u3042\u308d\u3046\u3068\u5f53\u30b5\u30a4\u30c8\u3067\u306f\u4e88\u6e2c\u3057\u3066\u3044\u307e\u3057\u305f\u3002<\/p>\n<h2>\u707d\u5bb3\u3082\u66b4\u843d\u3082\u5fd8\u308c\u305f\u3053\u308d\u306b\u3084\u3063\u3066\u304f\u308b<\/h2>\n<figure id=\"attachment_9509\" aria-describedby=\"caption-attachment-9509\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9509\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/When_disasters_and_crashes_are_forgotten.jpg\" alt=\"\" width=\"400\" height=\"320\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/When_disasters_and_crashes_are_forgotten.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/When_disasters_and_crashes_are_forgotten-300x240.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9509\" class=\"wp-caption-text\">2003\u5e74\u306b\u306fSARS\u30012012\u5e74\u4ee5\u964d\u306b\u306fMARS\u3068\u3053\u308c\u307e\u3067\u3082\u3055\u307e\u3056\u307e\u306a\u30a6\u30a4\u30eb\u30b9\u304c\u6d41\u884c\u3057\u3066\u304d\u305f\u306e\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u2026<\/figcaption><\/figure>\n<p>\u5f53\u30b5\u30a4\u30c8\u306f\u3001\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u88ab\u5bb3\u306b\u3088\u3063\u3066\u682a\u5f0f\u30de\u30fc\u30b1\u30c3\u30c8\u304c\u66b4\u843d\u3059\u308b\u3068\u8b66\u544a\u3057\u7d9a\u3051\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n<blockquote>\n<p><a href=\"https:\/\/mrtzzz.com\/blog\/2020\/03\/07\/higher_dollar_and_higher_interest_rates\/\">2020\u5e743\u6708\u306e\u30c9\u30eb\u9ad8\u30fb\u91d1\u5229\u9ad8\u304b\u3089\u91d1\u306e\u4fa1\u683c\u306f\u9593\u9055\u3044\u306a\u304f\u4e0b\u304c\u308b\uff01<\/a><\/p>\n<\/blockquote>\n<p>\u5f53\u521d\u306f\u300c\u4e0b\u304c\u308b\u3001\u4e0b\u304c\u308b\u300d\u3068\u3044\u3063\u3066\u3044\u305f\u306e\u306b\u3044\u3064\u306b\u306a\u3063\u3066\u3082\u4e0b\u304c\u3089\u305a\u3001\u8b66\u6212\u304c\u7de9\u3080\u3068\u4e0b\u304c\u308b\u3068\u3044\u3046\u306e\u306f\u3044\u3064\u3082\u306e\u30d1\u30bf\u30fc\u30f3\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u3046\u3044\u3063\u305f\u66b4\u843d\u306f\u4eba\u3005\u306e\u8b66\u6212\u304c\u8584\u308c\u305f\u3068\u304d\u306b\u8d77\u3053\u308b\u3082\u306e\u3067\u3001\u707d\u5bb3\u304c\u5fd8\u308c\u305f\u3053\u308d\u306b\u3084\u3063\u3066\u304f\u308b\u306e\u3068\u540c\u3058\u7406\u5c48\u3067\u3059\u3002<\/p>\n<p>\u305d\u3057\u3066\u88ab\u5bb3\u304c\u8d77\u3053\u308b\u306e\u306f\u3001\u81ea\u7136\u306e\u731b\u5a01\u3092\u8efd\u8996\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u4eca\u56de\u306e\u66b4\u843d\u3082\u3001\u8b66\u6212\u3057\u3066\u3044\u308c\u3070\u306a\u3093\u3066\u3053\u3068\u306f\u306a\u3044\u306f\u305a\u304c\u3001\u307b\u3068\u3093\u3069\u306e\u4eba\u304c\u7121\u8b66\u6212\u3067\u3042\u308a\u3001\u3053\u308c\u304b\u3089\u3082\u88ab\u5bb3\u8005\u304c\u96e8\u5f8c\u306e\u7af9\u306e\u5b50\u306e\u3088\u3046\u306b\u51fa\u3066\u304f\u308b\u3053\u3068\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u305d\u306e\u969b\u306b\u3001\u653f\u5e9c\u306b\u3088\u308b\u5186\u58f2\u308a\u4ecb\u5165\u3084\u91d1\u878d\u7de9\u548c\u304c\u53d6\u6c99\u6c70\u3055\u308c\u308b\u308f\u3051\u3067\u3059\u3002<\/p>\n<h2>\u5186\u58f2\u308a\u4ecb\u5165\u3068\u91d1\u878d\u7de9\u548c<\/h2>\n<figure id=\"attachment_9510\" aria-describedby=\"caption-attachment-9510\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9510\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Yen_selling_intervention_and_monetary_easing.jpg\" alt=\"\" width=\"400\" height=\"250\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Yen_selling_intervention_and_monetary_easing.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Yen_selling_intervention_and_monetary_easing-300x188.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9510\" class=\"wp-caption-text\">\u5186\u3082\u30c9\u30eb\u3082\u4e92\u3044\u306e\u95a2\u4fc2\u6027\u306e\u4e2d\u3067\u6570\u5b57\u304c\u6c7a\u307e\u308b\u306e\u3060\u304b\u3089\u4e00\u65b9\u3060\u3051\u304c\u4ecb\u5165\u3059\u308b\u306e\u306f\u30ba\u30eb\u3044\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b<\/figcaption><\/figure>\n<p>\u5186\u58f2\u308a\u4ecb\u5165\u3068\u91d1\u878d\u7de9\u548c\u306f\u4f55\u304c\u9055\u3046\u306e\u304b\u3068\u3044\u3048\u3070\u3001\u4f55\u3082\u9055\u3044\u307e\u305b\u3093\u3002<\/p>\n<p>\u3054\u5b58\u77e5\u306e\u3088\u3046\u306b\u3001\u70ba\u66ff\u76f8\u5834\u306f\u76f8\u624b\u56fd\u304c\u3042\u3063\u3066\u306f\u3058\u3081\u3066\u30ec\u30fc\u30c8\u3092\u3064\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>1\u30c9\u30eb110\u5186\u3068\u3044\u3046\u8868\u73fe\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u3068\u3044\u3046\u56fd\u304c\u3042\u3063\u3066\u306f\u3058\u3081\u3066\u6210\u7acb\u3059\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u4eca\u56de\u306e\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u3088\u3046\u306b\u88ab\u5bb3\u304c\u62e1\u5927\u3057\u3001\u666f\u6c17\u304c\u4f4e\u8ff7\u3059\u308c\u3070\u5404\u56fd\u306f\u8f38\u51fa\u3092\u62e1\u5927\u3057\u3088\u3046\u3068\u3057\u3066\u901a\u8ca8\u5b89\u306b\u3001\u65e5\u672c\u306e\u5834\u5408\u3067\u3042\u308c\u3070\u5186\u5b89\u306b\u8a98\u5c0e\u3057\u3088\u3046\u3068\u3057\u307e\u3059\u3002<\/p>\n<p>\u3067\u3001\u4e00\u65b9\u7684\u306b\u65e5\u672c\u3060\u3051\u304c\u5186\u5b89\u306b\u3059\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u3082\u305d\u308c\u306a\u308a\u306b\u88ab\u5bb3\u304c\u3042\u308b\u306e\u3067\u3001\u30c9\u30eb\u9ad8\u306f\u56f0\u308b\u3068\u8a00\u3046\u306b\u6c7a\u307e\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u65e5\u672c\u3060\u3051\u304c\u5186\u5b89\u4ecb\u5165\u3092\u884c\u3048\u3070\u3001\u307b\u304b\u306e\u56fd\u3082\u901a\u8ca8\u3092\u5b89\u304f\u3057\u305f\u3044\u306e\u306b\u3001\u65e5\u672c\u3060\u3051\u30ba\u30eb\u3044\u3068\u3044\u3046\u6279\u5224\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u305d\u3046\u3044\u3063\u305f\u6279\u5224\u306e\u9023\u9396\u3092\u907f\u3051\u308b\u305f\u3081\u306b\u3001\u70ba\u66ff\u76f8\u5834\u3078\u306e\u4ecb\u5165\u306f\u56fd\u969b\u30eb\u30fc\u30eb\u3067\u4e00\u5b9a\u306e\u6761\u4ef6\u3092\u6e80\u305f\u3055\u306a\u3044\u9650\u308a\u7981\u6b62\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u3059\u3002<\/p>\n<h2>\u5186\u58f2\u308a\u4ecb\u5165\u306e\u672c\u8cea\u3068\u306f\uff1f<\/h2>\n<figure 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id=\"attachment_9507\" aria-describedby=\"caption-attachment-9507\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9507\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_we_are_doing_with_monetary_easing.jpg\" alt=\"\" width=\"400\" height=\"250\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_we_are_doing_with_monetary_easing.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_we_are_doing_with_monetary_easing-300x188.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9507\" class=\"wp-caption-text\">\u65e5\u672c\u3067\u306f\u300c\u30d0\u30e9\u30de\u30ad\u300d\u3001\u6b27\u7c73\u3067\u306f\u300c\u30d8\u30ea\u30b3\u30d7\u30bf\u30fc\u30de\u30cd\u30fc\u300d\u3068\u3082\u3044\u308f\u308c\u308b\u91d1\u878d\u7de9\u548c<\/figcaption><\/figure>\n<p>\u4e00\u65b9\u3001\u91d1\u878d\u7de9\u548c\u3068\u3044\u3046\u306e\u306f\u96e3\u3057\u3044\u8a00\u8449\u3092\u4f7f\u3063\u3066\u3044\u307e\u3059\u304c\u3001\u8ca1\u52d9\u7701\u304c\u65e5\u672c\u9280\u884c\u3092\u4f7f\u3044\u3001\u73fe\u91d1\u3092\u3070\u3089\u307e\u3044\u3066\u3044\u308b\u3060\u3051\u306e\u8a71\u3067\u3059\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001\u5e02\u4e2d\u306b\u51fa\u56de\u3063\u3066\u3044\u308b\u4e3b\u306b\u6c11\u9593\u9280\u884c\u304c\u4fdd\u6709\u3057\u3066\u3044\u308b\u56fd\u50b5\u3092\u65e5\u9280\u304c\u8cb7\u3044\u53d6\u308b\u306e\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u5834\u5408\u3001\u304a\u91d1\u306e\u53d7\u3051\u6e21\u3057\u304c\u30bc\u30ed\u3067\u3042\u308c\u3070\u6ce5\u68d2\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u306e\u3067\u3001\u9069\u6b63\u306a\u6642\u4fa1\u3067\u56fd\u50b5\u3092\u8cb7\u3044\u53d6\u308a\u307e\u3059\u3002<\/p>\n<p>\u305d\u3046\u3059\u308b\u3068\u3001\u305d\u306e\u9280\u884c\u306e\u9810\u91d1\u6b8b\u9ad8\u306f\u5897\u3048\u308b\u3068\u3044\u3046\u4ed5\u7d44\u307f\u3067\u3059\u3002<\/p>\n<p>\u305d\u306e\u4f59\u3063\u305f\u9810\u91d1\u306f\u8cb8\u3057\u51fa\u3057\u306b\u56de\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u666f\u6c17\u306e\u5f8c\u9000\u3092\u56de\u907f\u3057\u3088\u3046\u3068\u3059\u308b\u306e\u304c\u91d1\u878d\u7de9\u548c\u3067\u3059\u3002<\/p>\n<p>\u305d\u306e\u969b\u306b\u65e5\u9280\u304c\u5b89\u3044\u91d1\u5229\u306b\u8a98\u5c0e\u3059\u308c\u3070\u3001\u307e\u3059\u307e\u3059\u8cb8\u3057\u51fa\u3057\u306f\u5897\u3048\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u91d1\u878d\u7de9\u548c\u3092\u304a\u91d1\u3092\u3070\u3089\u307e\u304f\u3068\u8868\u73fe\u3055\u308c\u308b\u65b9\u3082\u591a\u304f\u3001\u6b27\u7c73\u3067\u3082\u30d8\u30ea\u30b3\u30d7\u30bf\u30fc\u30de\u30cd\u30fc\u3068\u8a00\u3046\u306e\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u304a\u91d1\u306e\u4f9b\u7d66\u3092\u5897\u3084\u3057\u3066\u91d1\u5229\u3092\u4e0b\u3052\u308c\u3070\u3001\u666f\u6c17\u304c\u56de\u5fa9\u3059\u308b\u306e\u306f\u5f53\u7136\u306e\u3053\u3068\u3060\u3068\u4e0a\u8a18\u306e\u89e3\u8aac\u3067\u308f\u304b\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u300c\u30d0\u30e9\u30de\u30ad\u300d\u3001\u300c\u30d8\u30ea\u30de\u30cd\u300d\u3068\u3044\u3046\u3068\u304b\u306a\u308a\u60aa\u304f\u805e\u3053\u3048\u307e\u3059\u304c\u3001\u9069\u5207\u306a\u91d1\u878d\u51e6\u7f6e\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2>\u91d1\u878d\u7de9\u548c\u3068\u5186\u58f2\u308a\u4ecb\u5165\u306b\u9055\u3044\u306f\u3042\u308b\uff1f<\/h2>\n<figure id=\"attachment_9502\" aria-describedby=\"caption-attachment-9502\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9502\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention.jpg\" alt=\"\" width=\"400\" height=\"226\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention-300x170.jpg 300w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention-120x68.jpg 120w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention-160x90.jpg 160w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Is_there_a_difference_between_monetary_easing_and_yen_selling_intervention-320x180.jpg 320w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9502\" class=\"wp-caption-text\">\u91d1\u878d\u7de9\u548c\u3082\u5186\u58f2\u308a\u4ecb\u5165\u3082\u3068\u3082\u306b\u76ee\u7684\u306f\u901a\u8ca8\u306e\u4fa1\u5024\u3092\u4e0b\u3052\u308b\u3053\u3068<\/figcaption><\/figure>\n<p>\u91d1\u878d\u7de9\u548c\u3068\u5186\u58f2\u308a\u4ecb\u5165\u306e\u9055\u3044\u306b\u3064\u3044\u3066\u8003\u3048\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>\u5186\u306e\u4f9b\u7d66\u3092\u5897\u3084\u3057\u3066\u3001\u7d50\u679c\u3068\u3057\u3066\u5186\u306e\u4fa1\u5024\u3092\u4e0b\u3052\u308b\u306e\u3067\u3059\u304b\u3089\u3001\u5186\u5b89\u306b\u306a\u308b\u306e\u306f\u5f53\u7136\u3067\u3059\u3002<\/p>\n<p>\u4e16\u754c\u5404\u56fd\u3067\u91d1\u878d\u7de9\u548c\u3092\u3084\u308b\u5834\u5408\u306b\u306f\u3001\u305d\u306e\u898f\u6a21\u304c\u554f\u984c\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u65e5\u672c\u304cGDP\u306b\u5bfe\u3057\u306610\uff05\u306e\u7de9\u548c\u3092\u3084\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u5bfe\u6297\u3057\u306620\uff05\u306e\u7de9\u548c\u3092\u3084\u308b\u3068\u3044\u3046\u3088\u3046\u306b\u3001\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u76f4\u5f8c\u306e\u3088\u3046\u306a\u52d5\u304d\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u3092\u901a\u8ca8\u5b89\u7af6\u4e89\u3084\u7de9\u548c\u7af6\u4e89\u3068\u3044\u3044\u307e\u3059\u3002<\/p>\n<p>\u8a00\u3044\u305f\u3044\u3053\u3068\u306f\u3001\u5186\u58f2\u308a\u4ecb\u5165\u3082\u91d1\u878d\u7de9\u548c\u3082\u3084\u3063\u3066\u3044\u308b\u3053\u3068\u306f\u7d50\u679c\u7684\u306b\u540c\u3058\u3001\u5186\u306e\u4f9b\u7d66\u3092\u5897\u3084\u3057\u3066\u901a\u8ca8\u5b89\u3092\u793a\u73fe\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n<h2>\u5186\u58f2\u308a\u4ecb\u5165\u306e\u5b9f\u614b<\/h2>\n<figure id=\"attachment_9501\" aria-describedby=\"caption-attachment-9501\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9501\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Actual_situation_of_yen_selling_intervention.jpg\" alt=\"\" width=\"400\" height=\"267\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Actual_situation_of_yen_selling_intervention.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/Actual_situation_of_yen_selling_intervention-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9501\" 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id=\"attachment_9508\" aria-describedby=\"caption-attachment-9508\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9508\" src=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_you_need_to_do_now.jpg\" alt=\"\" width=\"400\" height=\"267\" srcset=\"https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_you_need_to_do_now.jpg 400w, https:\/\/mrtzzz.com\/blog\/wp-content\/uploads\/2020\/03\/What_you_need_to_do_now-300x200.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-9508\" 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