{"id":1492,"date":"2021-12-27T16:23:46","date_gmt":"2021-12-27T07:23:46","guid":{"rendered":"https:\/\/ryuhyun.kim\/?p=1492"},"modified":"2023-04-11T16:21:24","modified_gmt":"2023-04-11T07:21:24","slug":"macro","status":"publish","type":"post","link":"https:\/\/ryuhyun.kim\/macro\/","title":{"rendered":"\uac70\uc2dc\uacbd\uc81c \ud504\ub808\uc784\uc6cc\ud06c"},"content":{"rendered":"\n<p>\ub098\ub294 \ud3c9\uc18c\uc5d0 \ub77c\uc6b8 \ud314 \ub300\ud45c\uac00 \uc6b4\uc601\ud558\ub294 \ub9ac\uc5bc\ube44\uc804\uc758 \uc560\ub3c5\uc790\ub85c\uc11c \uace8\ub4dc\ub9cc\uc0ad\uc2a4 \ucd9c\uc2e0\uc758 \uc720\uba85 \ub9e4\ud06c\ub85c \ud22c\uc790\uc790\uc778 \uadf8\uc758 \uc0dd\uac01\uacfc \ud589\ub3d9\uc5d0 \uacf5\uac10\ud558\ub358 \ucc28 \uc790\uc2e0\uc758 30\ub144 \ubc30\uc6c0 \uacfc\uc815\uc744 \ucd1d, \ub9dd\ub77c\ud558\ub294 \uac70\uc2dc\uacbd\uc81c \ud504\ub808\uc784\uc6cc\ud06c\uc5d0 \ub300\ud55c \uc778\ud130\ubdf0\ub97c \uc774\ubc88 \ud3ec\uc2a4\ud2b8\uc5d0\uc11c \uc694\uc57d\ud574 \ubcf4\uaca0\ub2e4. \uc544\ub9c8\ub3c4 \uc9c0\uae08\uae4c\uc9c0 \ub9ac\uc5bc\ube44\uc804 \ubc29\uc1a1 \uc911 \uac00\uc7a5 \uc720\uc6a9\ud55c \ub3d9\uc601\uc0c1\uc774 \uc544\ub2d0\uae4c \uc2f6\ub2e4. \uc2dc\uccad\uc790 \uc911\uc5d0\uc11c \uace0\ub9d9\uac8c\ub3c4 Leonard Leong\ub2d8\uc774 \uc778\ud130\ubdf0\uc5d0 \ud0c0\uc784 \uc2a4\ud0ec\ud504\ub97c \ub313\uae00\ub85c \ub2ec\uc544\uc8fc\uc5b4\uc11c \uc5ec\uae30\uc5d0 \ub098\uc5d0\uac8c \uc911\uc694\ud55c \ud0c0\uc784 \uc2a4\ud0ec\ud504\ub97c \uba87 \uac1c\ub97c \ucd94\uac00\ud558\uace0 \uadf8\uac83\uc744 \uae30\uc900\uc73c\ub85c \uc815\ub9ac\ud558\uc600\ub2e4. 2\uc2dc\uac04\uc774 \ub118\ub294 \uae34 \ub3d9\uc601\uc0c1\uc774\ubbc0\ub85c \uc774\ub807\uac8c \ud558\ub294 \uac83\uc774 \ub098\uc911\uc5d0 \ubcf4\uace0 \uc2f6\uc740 \ubd80\ubd84\uc744 \uc27d\uac8c \ucc3e\uc544\ubcfc \uc218 \uc788\uc744 \uac83 \uac19\ub2e4.<\/p>\n\n\n\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<iframe loading=\"lazy\" title=\"The Ultimate Macro Framework with Raoul Pal  (WiM078)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/i9TXVjYBM3U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><figcaption class=\"wp-element-caption\"> Raoul Pal&#8217;s Macro Economy Framework Interview <\/figcaption><\/figure>\n\n\n\n<p>TIMESTAMPS:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-30-history-of-human-actions-and-unintended-consequences-\uc608\uae30\uce58-\ubabb\ud55c-\uacb0\uacfc\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=150s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:30\u00a0&#8211; History of human actions and unintended consequences (\uc608\uae30\uce58 \ubabb\ud55c \uacb0\uacfc)<\/a><\/h2>\n\n\n\n<p>\uc778\ub958\ub294 \ud654\ud3d0, \uc0ac\ub78c, \uc0ac\ud68c \uad00\ub828 \ubb38\uc81c\ub97c \ubc1c\uacac\ud558\uba74 \ud56d\uc0c1 \uace0\uce58\ub824\ub294 \ub178\ub825\uc744 \uacc4\uc18d\ud574 \uc654\uc9c0\ub9cc, \uadf8\ub54c\ub9c8\ub2e4 \uc758\ub3c4\ud558\uc9c0 \uc54a\uc740 \ub2e4\ub978 \ubb38\uc81c\ub97c \uc9c0\uc18d\uc801\uc73c\ub85c \uc57c\uae30\uc2dc\ud0a4\ub294 \uc5ed\uc0ac\ub97c \ub418\ud480\uc774\ud574 \uc654\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-19-the-start-\uc2dc\uc791\uc810\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=259s\" target=\"_blank\" rel=\"noopener\" title=\"\">4:19\u00a0&#8211; The start (\uc2dc\uc791\uc810)<\/a><\/h2>\n\n\n\n<p>\uadf8\uc758 \uac70\uc2dc\uacbd\uc81c \ud504\ub808\uc784\uc6cc\ud06c\ub294 \ub300\uc601 \uc81c\uad6d\uc758 \uc808\uc815\uc774\uc5c8\ub358 21\uc138\uae30 \ucd08\ubd80\ud130 100\ub144 \ub3d9\uc548\uc758 \uc5ed\uc0ac\ub97c \uad00\ucc30\ud558\uba74\uc11c \ub9cc\ub4e4\uc5b4\uc84c\ub294\ub370, \ud504\ub780\uce20 \ud398\ub974\ub514\ub09c\ud2b8 \ub300\uacf5\uc758 \uc554\uc0b4\ub85c \ucd09\ubc1c\ub41c \uc138\uacc4 1\ucc28 \ub300\uc804\uc740 \uc624\ud1a0\ub9cc \uc81c\uad6d\uc758 \ubab0\ub77d\uacfc 2\ucc9c\ub9cc \uba85\uc758 \uc0ac\uc0c1\uc790\ub97c \ub0b4\uace0 \ub05d\ub0ac\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"7-03-debasement-\ud654\ud3d0\uc758-\uac00\uce58-\uc808\ud558\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=423s\" target=\"_blank\" rel=\"noopener\" title=\"\">7:03\u00a0&#8211; Debasement (\ud654\ud3d0\uc758 \uac00\uce58 \uc808\ud558)<\/a><\/h2>\n\n\n\n<p>\ubca0\ub974\uc0ac\uc720 \uc870\uc57d\uc5d0\uc11c \ub3c5\uc77c\uc5d0 \uc77c\ubc29\uc801\uc774\uace0 \uadf8 \ub2f9\uc2dc\ub85c\uc368\ub294 \ucc9c\ubb38\ud559\uc801\uc778 \uc804\uc7c1 \ubcf4\uc0c1\uae08\uc774 1921\ub144\uc5d0 \uacb0\uc815\ub418\uc5c8\ub294\ub370, \uae08\uc561\uc740 1,320\uc5b5 \ub3c5\uc77c \uc81c\uad6d \ub9c8\ub974\ud06c\uc600\uc73c\uba70 \uc774 \ub3c8\uc744 \uac1a\uc744 \uae38\uc774 \uc5c6\uc5c8\ub358 \ub3c5\uc77c\uc740 \uacb0\uad6d \uc790\uad6d \ud654\ud3d0\uc758 \uac00\uce58 \uc808\ud558\ub85c \ub9de\uc130\ub294\ub370 \uc774\ub294 \ub3c5\uc77c\uc758 \ucd08\uc778\ud50c\ub808\uc774\uc158\uc744 \ubd88\ub7ec\uc654\uace0 \ud788\ud2c0\ub7ec\uc5d0\uac8c \uad8c\ub825\uc744 \uc950\uc5ec\uc8fc\ub294 \uacb0\uacfc\ub97c \ucd08\ub798\ud588\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"9-08-industrialization-\uc0b0\uc5c5\ud601\uba85-\ud6c4-\uccab-\uc804\uc7c1\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=548s\" target=\"_blank\" rel=\"noopener\" title=\"\">9:08\u00a0&#8211; Industrialization (\uc0b0\uc5c5\ud601\uba85 \ud6c4 \uccab \uc804\uc7c1)<\/a><\/h2>\n\n\n\n<p>\ud788\ud2c0\ub7ec\uc758 2\ucc28 \uc138\uacc4 \ub300\uc804\uc740 \uc778\ub958\uc758 \uccab \uadfc\ub300\ud654\ub41c \ub300\ub7c9\ud30c\uad34 \ubb34\uae30\ub85c \uce58\ub7ec\uc9c4 \uc804\uc7c1\uc73c\ub85c \uae30\ub85d\ub418\uc5c8\ub294\ub370, \uadf8\uc57c\ub9d0\ub85c \ucd08\ud604\ub300 \uae30\uc220\uc758 \ud5a5\uc5f0\uc774\uc5c8\uace0 \uc774\ub85c \uc778\ud558\uc5ec 7\ucc9c\ub9cc \uba85\uc758 \uc0ac\uc0c1\uc790\ub97c \ub0b4\uace0 \ub9d0\uc558\ub2e4. \uc804\uc7c1\uc740 \ud56d\uc0c1 \uc815\ubd80\uc758 \uac00\uc7a5 \ud070 \ube44\uc6a9\uc73c\ub85c \ub0a8\ub294\ub370 \uc774\ub85c \uc778\ud558\uc5ec \uc601\uad6d\uc744 \uc2dc\uc791\uc73c\ub85c \ubaa8\ub4e0 \uc804\uc7c1 \ucc38\uc5ec\uad6d\uc740 \uae08\ubcf8\uc704\uc81c\ub97c \ud0c8\ud1f4\ud558\uac8c \ub418\uc5c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"10-00-fiat-\ubc95\uc815-\ud654\ud3d0\uc758-\ubc30\uacbd\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=600s\" target=\"_blank\" rel=\"noopener\" title=\"\">10:00\u00a0&#8211; Fiat (\ubc95\uc815 \ud654\ud3d0\uc758 \ubc30\uacbd)<\/a><\/h2>\n\n\n\n<p>\uc804\uc7c1\uc744 \ub9c8\uce58\uc790 \uc0ac\ub78c\ub4e4\uc740 \ucd95\ubc30\ub97c \ub4e4\uba70 \uc544\uae30\ub97c \ub193\uae30 \uc2dc\uc791\ud588\ub294\ub370, \ubbf8\uad6d\uc5d0\uc11c\ub9cc \ubb34\ub824 7,800\ub9cc \uba85\uc774 \uc804\ud6c4 20\ub144 \uc774\ub0b4\uc5d0 \ud0dc\uc5b4\ub0ac\ub2e4. \uc774\ub97c \uc6b0\ub9ac\ub294 \ubca0\uc774\ube44\ubd90 \uc138\ub300\ub77c\uace0 \uce6d\ud558\uba70 \ub8e8\uc2a4\ubca8\ud2b8 \ub300\ud1b5\ub839\uc758 \ub274\ub51c \uc815\ucc45\uacfc \ub9de\ubb3c\ub9b0 \uc77c\ubcf8\uacfc \ub3c5\uc77c\uc758 \uc7ac\uac74 \uc0ac\uc5c5\uc73c\ub85c 50\ub144\ub300\uc5d0 \uacbd\uc81c\ub294 \ucd08\ud638\ud669 \uc2dc\ub300\ub97c \ub9de\uc774\ud55c\ub2e4. \uc774\ub54c \uc6b0\ub9ac\ub294 \uc5c4\uccad\ub09c \uaddc\ubaa8\uc758 \ub3c8\uc774 \ud480\ub9ac\uace0 \uae08\ub9ac\ub97c \ub0ae\ucd98 \ud6a8\uacfc\ub97c \ud1a1\ud1a1\ud788 \ubcf4\uc558\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"15-31-pax-americana-\ubbf8\uad6d\uc758-\uc138\uae30\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=931s\" target=\"_blank\" rel=\"noopener\" title=\"\">15:31\u00a0&#8211; Pax Americana (\ubbf8\uad6d\uc758 \uc138\uae30)<\/a><\/h2>\n\n\n\n<p>\uc804\uc7c1 \uc774\uc804\uc758 \uc81c\uad6d\uc8fc\uc758 \uccb4\uc81c\uc5d0\uc11c \uc774\ud6c4\uc5d0 \ubbf8\uad6d\uc758 \ubc95\uce58\uc8fc\uc758 \uccb4\uc81c\ub85c \uc138\uacc4 \uc9c8\uc11c\uac00 \uc7ac\ud3b8\ub418\uc5c8\ub294\ub370, \uc774\uc758 \uc911\uc2ec\uc5d0\ub294 1944\ub144 \ube0c\ub808\ud134\uc6b0\uc988 \ud611\uc815\uc774 \uc790\ub9ac\uc7a1\uace0 \uc788\ub2e4. \uc774 \ud611\uc815\uc740 \uc804\uc7c1\uc73c\ub85c \ud0c8\ud1f4\ud558\uc600\ub358 \uae08\ubcf8\uc704\uc81c\ub97c \ubcf5\uc6d0\uc2dc\ud0a4\uace0 \uc601\uad6d \ud30c\uc6b4\ub4dc\uc5d0\uc11c \ubbf8\uad6d \ub2ec\ub7ec\ub85c \uae30\ucd95 \ud1b5\ud654\ub97c \ubcc0\uacbd\ud558\ub294 \uacc4\uae30\ub97c \ub9c8\ub828\ud55c\ub2e4. \uc774\ub54c \uc6b0\ub9ac\uac00 \uc54c\uace0\uc788\ub294 \ub300\ubd80\ubd84\uc758 \uae30\uad6c\uac00 \uc0dd\uaca8\ub0ac\ub294\ub370 1946\ub144\uc5d0 UN\uc774 \ucc3d\uc124\ub418\uc5c8\uace0, 1947\ub144\uc5d0 \uad00\uc138 \ubb34\uc5ed \uc77c\ubc18 \ud611\uc815(GATT)\uc774 \uccb4\uacb0\ub418\uc5c8\uace0, NATO\uac00 1949\ub144\uc5d0 \ucc3d\uc124\ub418\uc5c8\uace0, \uc720\ub7fd\uc5f0\ud569(EU)\uc774 1957\uc5d0 \ud0c4\uc0dd\ud558\uc600\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"18-30-great-inflation-\ub300\uc778\ud50c\ub808\uc774\uc158\"><a href=\"https:\/\/youtu.be\/i9TXVjYBM3U?t=1109\" target=\"_blank\" rel=\"noopener\" title=\"\">18:30 &#8211; Great Inflation (\ub300\uc778\ud50c\ub808\uc774\uc158)<\/a><\/h2>\n\n\n\n<p>1971\ub144\uc5d0 \ubbf8\uad6d\uc758 \ub2c9\uc2a8 \ub300\ud1b5\ub839\uc740 \ubca0\ud2b8\ub0a8 \uc804\uc7c1\uc744 \uce58\ub974\uae30 \uc704\ud574\uc11c \uae08\ubcf8\uc704\uc81c\ub97c \ud0c8\ud1f4\ud558\uac8c \ub418\ub294\ub370 \uc774\ub294 \uc804 \uc138\uacc4\uac00 \ubbf8\uad6d\uc744 \ub530\ub77c\uc11c \uae08\ubcf8\uc704\uc81c\ub97c \uc7ac\ud0c8\ud1f4\ud558\ub294 \uc2e4\ub9c8\ub9ac\ub97c \uc81c\uacf5\ud558\uc600\ub2e4. 1975\ub144\uc5d0 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uac00 \ubcf8\uaca9\uc801\uc73c\ub85c \uadfc\ub85c \uc2dc\uc7a5\uc5d0 \ub6f0\uc5b4\ub4dc\ub294\ub370 \uc774\ub294 \uc138\uacc4\uac00 \uadf8\ub54c\uae4c\uc9c0 \uacbd\ud5d8\ud558\uc9c0 \ubabb\ud588\ub358 \uacf5\uc0b0\ud488 \uc218\uc694 \uc1fc\ud06c\ub85c \uc774\uc5b4\uc9c4\ub2e4. \uc774 \ub54c\ubb38\uc5d0 \uc624\uc77c \ubc0f \uae30\ud0c0 \uc6d0\uc790\uc7ac \uac00\uaca9\uc774 \ucc9c\uc815\ubd80\uc9c0\ub85c \uc624\ub974\uac8c \ub418\uace0 1986\ub144\uacbd\uc5d0 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uc758 \uadfc\ub85c \uc2dc\uc7a5 \uc9c4\ucd9c\uc774 \ub9c9\uc744 \ub0b4\ub9ac\ub294\ub370 \uc774\ub54c\uae4c\uc9c0\uc758 \uc2dc\uae30\ub97c \uc6b0\ub9ac\ub294 \ub300\uc778\ud50c\ub808\uc774\uc158 \uc774\ub77c\uace0 \ubd80\ub978\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"21-10-wage-growth-stop-\uc784\uae08\uc758-\ub3d9\uacb0\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=1290s\" target=\"_blank\" rel=\"noopener\" title=\"\">21:10\u00a0&#8211;  Wage growth stop (\uc784\uae08\uc758 \ub3d9\uacb0) <\/a><\/h2>\n\n\n\n<p>\uc601\ubbf8\uad8c\uc758 \uc2e4\uc9c8\uc784\uae08\uc740 1975\ub144 \uc774\ud6c4\ubd80\ud130 \uc131\uc7a5\uc774 \uc911\ub2e8\ub418\uc5c8\ub294\ub370 \uadf8\ub54c\ubd80\ud130 \ud604\uc7ac\uae4c\uc9c0 0.3% \ucd1d \uc131\uc7a5\uc5d0 \ubd88\uacfc\ud558\ub2e4. \uc784\uae08 \ub3d9\uacb0\uacfc \uc790\uc0b0 \uc131\uc7a5\uc758 \uc30d\ub450\ub9c8\ucc28\ub294 \ud654\ud3d0\uc758 \uac00\uce58 \uc808\ud558\ub97c \uc758\ubbf8\ud55c\ub2e4. \ub354 \ud070 \ubb38\uc81c\ub294 \uc804\uccb4\uac00 \uc784\uae08 \ub3d9\uacb0\ub85c \ubcf4\uc774\uc9c0\ub9cc \uc2e4\uc81c\ub85c \uc784\uae08\uc774 \ub3d9\uacb0\ub41c \uc778\uad6c\ub294 \ud558\ub958\uce35\uc5d0 \uad6d\ud55c\ub418\uc5b4 \uc788\ub2e4. \uc774\uc5d0 \ube44\ud574 \uc911\uc0b0\uce35\uc740 \uc9c0\ub09c 50\ub144 \ub3d9\uc548 33%\uc758 \uc784\uae08 \uc131\uc7a5\uc744 \uae30\ub85d\ud588\uace0, \uc0c1\ub958\uce35\uc740 \ubb34\ub824 100% \uc774\uc0c1\uc758 \uc784\uae08 \uc131\uc7a5\uc744 \uc774\ub8e9\ud558\uc5ec \uc591\uadf9\ud654\uac00 \ub354\uc6b1 \uc2ec\ud654\ud558\uc600\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"25-35-wealth-disparity-\ubd80\uc758-\uc591\uadf9\ud654\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=1535s\" target=\"_blank\" rel=\"noopener\" title=\"\">25:35\u00a0&#8211; Wealth disparity (\ubd80\uc758 \uc591\uadf9\ud654)<\/a><\/h2>\n\n\n\n<p>\ud3ec\ud4f0\ub9ac\uc998 \uc131\uc7a5\uc758 \ubc30\uacbd\uc5d0\ub294 \uc778\uad6c \ud1b5\uacc4\uc758 \uadf9\uc801\uc778 \ubcc0\ud654\uac00 \uc790\ub9ac\ub97c \uc7a1\uace0 \uc788\ub2e4. \uc9c0\ub09c 40\ub144 \ub3d9\uc548 \uc6b0\ub9ac\ub294 \uc88c\ud30c\uac00 \uc8fc\uc7a5\ud558\ub294 \uc0ac\ud68c \uc548\uc804\ub9dd\uc744 \uad6c\ucd95\ud588\uace0, \uc6b0\ud30c\uac00 \uc8fc\uc7a5\ud558\ub294 \uac15\uc131 \uae30\uc5c5\uc744 \uc721\uc131\ud588\uc73c\ub098 \uc591\uadf9\ud654\uc758 \ubb38\uc81c\ub294 \uc624\ud788\ub824 \uc545\ud654\ub418\uc5c8\ub2e4. \uadf8\ubfd0 \uc544\ub2c8\ub77c \uc778\uac04\uc758 \uc218\uba85 \ub610\ud55c \uc624\ub7ab\ub3d9\uc548 \uc815\uccb4\ub418\uc5b4 \uc788\ub2e4. \ubbf8\uad6d\uc758 \ub808\uc774\uac74 \ub300\ud1b5\ub839\uacfc \uc601\uad6d\uc758 \ub300\ucc98 \ucd1d\ub9ac\ub294 \uc11c\ub85c \ube44\uc2b7\ud55c \uc0dd\uac01\uc744 \ud588\ub294\ub370 \uc774\ub4e4\uc5d0 \uc758\ud558\uc5ec \uac01\uad6d\uc758 \uc5f0\uae08\uc774 \uc8fc\uc2dd\uc5d0 \ud22c\uc790\ud560 \uc218 \uc788\uac8c \ub418\uc5c8\ub2e4. \ubcf4\uc218\ub2f9\uc774\uc5c8\ub358 \uc774\ub4e4\uc740 \ub300\ucd9c\uc744 \uc27d\uac8c \ub9cc\ub4e4\uc5b4 \ub9ce\uc740 \uc774\ub4e4\uc774 \uc8fc\ud0dd\uc744 \uad6c\ub9e4\ud560 \uc218 \uc788\ub3c4\ub85d \ud588\ub294\ub370 \uc774\uc720\ub294 \uc720\uc8fc\ud0dd\uc790\ub294 \ubcf4\uc218 \uc131\ud5a5\uc73c\ub85c \ubcc0\ud558\uae30 \ub54c\ubb38\uc774\ub2e4. \uc774\ub7f0 \ud3ec\ud4f0\ub9ac\uc998 \uc815\ucc45\uc73c\ub85c \uc8fc\uc2dd\uacfc \uc8fc\ud0dd\uc774 \ucc9c\uc815\ubd80\uc9c0\ub85c \uc624\ub974\uac8c \ub418\ub294\ub370 \uc774\ub294 1987\uc758 \uae08\uc735\uc704\uae30\ub97c \ucd08\ub798\ud588\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"33-14-policy-intervention-\uc911\uc559-\uc815\ucc45\uc758-\uac1c\uc785\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=1994s\" target=\"_blank\" rel=\"noopener\" title=\"\">33:14\u00a0&#8211; Policy intervention (\uc911\uc559 \uc815\ucc45\uc758 \uac1c\uc785)<\/a><\/h2>\n\n\n\n<p>\uc601\uad6d\uc740\ud589 \uba38\ube48 \ud0b9 \ubc0f \ubbf8\uc5f0\uc900\uc758 \uc568\ub7f0 \uadf8\ub9b0\uc2a4\ud380 \ucd1d\uc7ac\ub294 \uc790\uc2e0\ub4e4\uc758 \uc815\ucc45\uc774 \ubd88\ub7ec\uc62c \uc608\uae30\uce58 \ubabb\ud55c \uacb0\uacfc\uc5d0 \ub300\ud574\uc11c \uc54c\uc9c0 \ubabb\ud588\ub2e4. \uc774\ub4e4\uc758 \uc815\ucc45\uc5d0 \uc758\ud558\uc5ec 80\ub144\ub300 \ub300\uaddc\ubaa8 \uc8fc\uc2dd \uceec\ud2b8\uac00 \uc2dc\uc791\ub418\uc5c8\uace0, \uc6d4\uac00\uc5d0 \ubaa8\ub4e0 \uad8c\ub825\uc744 \uc9d1\uc911\uc2dc\ud0a4\ub294 \ubd80\uc791\uc6a9\uc744 \ucd08\ub798\ud588\ub2e4. \uc774\ub85c \uc778\ud558\uc5ec \uc601\ubbf8\uad8c\uc5d0\uc11c \uc81c\uc870\ub294 \uc124 \uc790\ub9ac\ub97c \uc783\uac8c \ub418\uace0, \uae08\uc735\ub9cc \uc9c4\ub9ac\uac00 \ub418\ub294 \uc0ac\ud68c\uac00 \ub9cc\ub4e4\uc5b4\uc84c\ub2e4. \uc774\ub54c\ubd80\ud130 \uc804 \uc138\uacc4\uc758 \ucc9c\uc5f0\uc790\uc6d0\uc744 \ubaa8\ub450 \ud569\uccd0\ub3c4 \ub354 \ub9ce\uc740 \ub7ec\uc2dc\uc544\uac00 \uc774\ub97c \ubbf8\uad6d\uc758 \uacbd\uc81c \uc81c\uc7ac\uc5d0 \ub9de\uc11c\ub294 \ubb34\uae30\ub85c \ud65c\uc6a9\ud558\uae30 \uc2dc\uc791\u001d\ud588\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"38-24-james-goldsmith-prediction-\uc81c\uc784\uc2a4-\uace8\ub4dc\uc2a4\ubbf8\uc2a4-\uc608\uc5b8\"><a href=\"https:\/\/youtu.be\/O1_LrREYQ8c?t=2299\" target=\"_blank\" rel=\"noreferrer noopener\">38:24 &#8211; James Goldsmith Prediction (\uc81c\uc784\uc2a4 \uace8\ub4dc\uc2a4\ubbf8\uc2a4 \uc608\uc5b8)<\/a><\/h2>\n\n\n\n<p>\ud504\ub791\uc2a4 \uc720\uba85 \ud22c\uc790\uc790 \uc81c\uc784\uc2a4 \uace8\ub4dc\uc2a4\ubbf8\uc2a4\uac00 \ucc30\ub9ac \ub85c\u001d\uc988\uc1fc\uc5d0 \ucd9c\uc5f0\ud574\uc11c \uc790\uc720 \ubb34\uc5ed \ud611\uc815\uc740 \uc808\ub300 \uccb4\uacb0\ud558\uba74 \uc548 \ub41c\ub2e4\uace0 \uc8fc\uc7a5\ud574\uc11c \uadf8\ub294 \ub2f9\uc2dc \ucda9\uaca9\uc744 \ubc1b\uc558\ub294\ub370 \ub3cc\uc774\ucf1c\ubcf4\uba74 \uace8\ub4dc\uc2a4\ubbf8\uc2a4\uc758 \ubaa8\ub4e0 \uc8fc\uc7a5\uc740 \uc633\uc558\ub2e4. \uace8\ub4dc\uc2a4\ubbf8\uc2a4\ub294 FTA\ub97c \uccb4\uacb0\ud558\uba74 \uc601\ubbf8\uad8c\uc5d0\uc11c \ubaa8\ub4e0 \uc81c\uc870\uc5c5\uc774 \uc0ac\ub77c\uc9c0\uace0 \uc784\uae08\uc774 \uc218\uc2ed \ub144\uac04 \ub3d9\uacb0\ub418\ub294 \ud6a8\uacfc\uac00 \ubc1c\uc0dd\ud560 \uac83\uc774\ub77c\uace0 \uc8fc\uc7a5\ud588\ub294\ub370 \uc9c0\uae08 \uc0c1\ud669\uc744 \ud55c\ubc88 \uc0b4\ud3b4\ubcf4\ub77c. \uace8\ub4dc\uc2a4\ubbf8\uc2a4\ub294 \uad6d\uac00 \ub0b4\uc5d0\uc11c \uc0dd\uc0b0\ub41c \uacf5\uc0b0\ud488\uc740 \uadf8 \uad6d\uac00 \ub0b4\uc5d0\uc11c\ub9cc \ud310\ub9e4\ud560 \uc218 \uc788\ub3c4\ub85d \ud5c8\uc6a9\ud574\uc57c \ud55c\ub2e4\uace0 \uc8fc\uc7a5\ud588\ub2e4. \uc6d0\uc790\uc7ac\ub97c \uc81c\uc678\ud558\uace0\ub294 \ubaa8\ub4e0 \uad6d\uac00 \uac04 \uc790\uc720 \ubb34\uc5ed\uc744 \uae08\uc9c0\ud574\uc57c \ud55c\ub2e4\ub294 \uac83\uc774\uc5c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"43-00-reserve-currency-perils-\uae30\ucd95-\ud1b5\ud654\uc758-\ubb38\uc81c\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=2580s\" target=\"_blank\" rel=\"noopener\" title=\"\">43:00\u00a0&#8211; Reserve Currency Perils (\uae30\ucd95 \ud1b5\ud654\uc758 \ubb38\uc81c\uc810)<\/a><\/h2>\n\n\n\n<p>\ubbf8\uad6d\ubcf4\ub2e4 \uc720\ub7fd\uc740 \ube44\uad50\uc801 \uc0ac\ud68c \uc548\uc804\ub9dd\uc774 \uc798 \uad6c\ucd95\ub418\uc5b4 \ud558\ub958\uce35\uc758 \ucda9\uaca9\uc744 \ub2e4\uc18c \uc904\uc77c \uc218 \uc788\uc5c8\ub2e4. \uadf8\ub7ec\ub098 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uc758 \uc815\ub144\uc774 \ub05d\ub098\ub294 \uc2dc\uc810\uc774 \ub2e4\uac00\uc624\uace0 \uc788\uc73c\ubbc0\ub85c \ubbf8\uad6d\uc774\ub098 \uc720\ub7fd\uc774 \uacfc\uc911\ud55c \uc758\ub8cc\ube44\ub97c \uc5b4\ub5bb\uac8c \uac10\ub2f9\ud560\uc9c0 \ub3c4\uc800\ud788 \ubaa8\ub97c \uc77c\uc774\ub2e4. \uc774\ub294 \ub9c8\uce58 \uc804\uc7c1 \uc774\ud6c4 \ub3c5\uc77c\uc774 \uc804\uc7c1 \ubcf4\uc0c1\uae08\uc744 \uac10\ub2f9\ud560 \uc218 \uc5c6\uc5c8\ub358 \uc0c1\ud669\uacfc \ub9e4\uc6b0 \ud761\uc0ac\ud558\ub2e4. \uadf8\ub798\uc11c \uc6b0\ub9ac \uc0dd\uc560\uc5d0\uc11c \uc784\uae08\uc774 \ub2e4\uc2dc \uc131\uc7a5\ud558\ub294 \uac83\uc744 \ubaa9\uaca9\ud558\ub294 \ud798\ub4e4\ub4ef\ud558\ub2e4. \uc568\ub7f0 \uadf8\ub9b0\uc2a4\ud380\uc774 \ucd5c\ucd08\ub85c 1987\ub144\uc5d0 \uae08\uc735\uc704\uae30\uc5d0 \ub300\uc751\uc744 \uc704\ud574\uc11c \uae08\ub9ac\ub97c \uae4e\uc558\ub294\ub370 \uc774\uc81c\ub294 \uc774\ub7f0 \uc911\uc559 \uc815\ucc45\uc774 \ubaa8\ub4e0 \uad6d\uac00\uc758 \uae30\ubcf8 \uae30\uc870\uac00 \ub418\uc5c8\ub2e4. \uc778\uc704\uc801\uc778 \uc870\uc815\uc73c\ub85c \uae08\uc735 \uc704\uae30\ub97c \uc9c0\uc18d\ud574\uc11c \ud53c\ud574 \uac00\ub294 \uac83\uc740 \ubd88\uac00\ub2a5\ud55c \uc77c\uc774\ub2e4. \uadf8\ub7ec\ubbc0\ub85c \uc2dc\uc7a5 \uc21c\ub9ac\uc5d0 \ub9e1\uae30\uc9c0 \uc54a\uace0 \ub3c8\uc744 \ucc0d\uc5b4\ub0b4\uc5b4 \ube5a\uc744 \uac1a\uace0 \uae08\ub9ac\ub97c \uc870\uc815\ud558\uc5ec \uae08\uc735\uc704\uae30\ub97c \ub9c9\ub294 \ud589\uc704\ub294 \ub2f9\uc7a5 \uc911\ub2e8\ub418\uc5b4\uc57c \ud55c\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"47-48-international-monetary-fund-imf\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=2868s\" target=\"_blank\" rel=\"noopener\" title=\"\">47:48\u00a0&#8211; International Monetary Fund (IMF\uc758 \uac1c\uc785)<\/a><\/h2>\n\n\n\n<p>1998\ub144\uc5d0 \uc544\uc2dc\uc544\uc758 \ud638\ub791\uc774\ub4e4\uc774 \uc790\uc2e0\ub4e4\uc5d0\uac8c \ubc1c\uad8c\ub825\uc774 \uc5c6\ub294 \ubbf8\uad6d \ub2ec\ub7ec\ub97c \ub808\ubc84\ub9ac\uc9c0\ub85c \ub9c8\uc74c\ub300\ub85c \uc0ac\uc6a9\ud558\ub2e4\uac00 \uc704\uae30\uc5d0 \ube60\uc9c4 \uac83\uc744 \uad6c\uc81c\ud558\uae30 \uc704\ud574\uc11c IMF\uac00 \uac1c\uc785\ud588\ub294\ub370, \uadf8 \uc5ec\ud30c\ub85c 20\ub144 \ub3d9\uc548\uc774\ub098 \ud55c\uad6d\uc758 \uc8fc\uc2dd \uc2dc\uc7a5 \uc9c0\uc218\ub294 \ud68c\ubcf5\ud558\uc9c0 \ubabb\ud588\ub2e4. \uae08\uc735 \uc704\uae30 \uc774\ud6c4\ubd80\ud130 \ud5e4\uc9c0\ud380\ub4dc\uac00 \ubcf8\uaca9\uc801\uc73c\ub85c \uc131\uc7a5\ud588\uc73c\uba70 \uc774\ub97c \uc5f0\uae08\uc774 \uc6d4\uac00\uc758 \ub808\ubc84\ub9ac\uc9c0\ub85c \uc0ac\uc6a9\ub418\uae30 \uc2dc\uc791\ud588\ub2e4. \uace8\ub4dc\ub9cc\uc0ad\uc2a4\ub294 \uc774\ub54c\uc5d0 \uc5ed\uc0ac\uc0c1 \ucd5c\uace0\uc758 \uc218\uc775\ub960\uc744 \uae30\ub85d\ud588\uc73c\uba70 \ubbf8\uad6d \uc8fc\uc2dd \uc2dc\uc7a5\ub3c4 \ucd5c\uace0\uc758 \ud65c\ud669\uc744 \ub9de\uc774\ud558\uc600\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"59-30-labor-participation-rate-\uace0\uc6a9\ub960\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=3570s\" target=\"_blank\" rel=\"noopener\" title=\"\">59:30\u00a0&#8211; Labor participation rate (\uace0\uc6a9\ub960\uacfc \uc5f0\uad00\uc131)<\/a><\/h2>\n\n\n\n<p>\ud654\ud3d0\uc758 \uc720\ud1b5\uc18d\ub3c4\uac00 2000\ub144\ub300\uc5d0 \ub4e4\uc5b4\uc11c\uba74\uc11c \uae09\uaca9\ud558\uac8c \ub5a8\uc5b4\uc9c4 \uc774\uc720\ub294 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uac00 \uc774\ub54c\ubd80\ud130 \ub178\ub144\uae30\uc5d0 \ub4e4\uc5b4\uac14\uae30 \ub54c\ubb38\uc774\ub2e4. \uace0\ub839\ud654\ub418\uba74 \uc790\uc5f0\ud788 \ubcf4\uc218\uc801\uc73c\ub85c \uc18c\ube44 \uc131\ud5a5\uc774 \ubc14\ub014 \uc218\ubc16\uc5d0 \uc5c6\ub2e4. \uc18c\ube44\uc790 \ubb3c\uac00\uc9c0\uc218, \ud654\ud3d0 \uc720\ud1b5\uc18d\ub3c4, \uad6d\ub0b4 \ucd1d\uc0dd\uc0b0 \ub4f1\uc758 \ubaa8\ub4e0 \uc131\uc7a5\ub960\uc740 \uc778\uad6c\ud1b5\uacc4\uc5d0 \ube44\ub840\ud560 \uc218\ubc16\uc5d0 \uc5c6\uace0 \uae08\uc735 \uc2dc\uc2a4\ud15c\uc758 \ucd5c\ub300 \ucde8\uc57d\uc810\uc740 \uac00\uacc4 \ubd80\ucc44\uc77c \uc218\ubc16\uc5d0 \uc5c6\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"56-55-quantitative-easing-\ud654\ud3d0\uc758-\uc591\uc801-\uc644\ud654\"><a href=\"https:\/\/youtu.be\/i9TXVjYBM3U?t=3415\" target=\"_blank\" rel=\"noopener\" title=\"\">56:55 &#8211; Quantitative Easing (\ud654\ud3d0\uc758 \uc591\uc801 \uc644\ud654)<\/a><\/h2>\n\n\n\n<p>\ud654\ud3d0\uc758 \uc591\uc801 \uc644\ud654\ub294 \uc815\ubd80\uac00 \ub9c8\uad6c\uc7a1\uc774\ub85c \ub3c8\uc744 \ucc0d\uc5b4\ub0b4\ub294 \ud589\uc704\ub97c \ub9d0\ud55c\ub2e4. 2021\ub144 \ubbf8 \uc5f0\uc900\uc758 \uc7ac\ubb34\uc81c\ud45c \ud569\uacc4\uac00 9,500\uc870($8T) \uc6d0\uc73c\ub85c \ubd88\uc5b4\ub0ac\ub294\ub370 \uadf8 \uc774\uc720\ub294 \uc778\uad6c \uace0\ub839\ud654\ub85c \ub5a8\uc5b4\uc9c0\ub294 \ud654\ud3d0 \uc720\ud1b5\uc18d\ub3c4\ub97c \ubcf4\uc874\ud558\uae30 \uc704\ud568\uc774\ub2e4. \uadf8\ub798\uc11c \ud56d\uc0c1 \ubaa8\ub4e0 \uacbd\uc81c \uc9c0\ud45c\ub294 \ubbf8 \uc5f0\uc900 \uc7ac\ubb34\uc81c\ud45c\uc758 \ud569\uacc4\ub85c \ub098\ub204\uc5b4\ubd10\uc57c \uc815\ud655\ud55c \uc218\uce58\ub97c \uad6c\ud560 \uc218 \uc788\ub294\ub370 \uc774\ub807\uac8c \ub098\ub204\uc5b4\ubcf4\uba74 \uc544\ubb34\uac83\ub3c4 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\ub294\ub2e4\ub294 \uc0ac\uc2e4\uc744 \ubc1c\uacac\ud560 \uc218 \uc788\ub2e4. \uac00\uc2dc\uc801\uc778 \uc131\uc7a5\uc740 \ud654\ud3d0\uc758 \uc591\uc801 \uc644\ud654 \ub54c\ubb38\uc5d0 \ubc8c\uc5b4\uc9c0\ub294 \ucc29\uc2dc\ud604\uc0c1\uc77c \ubfd0\uc774\ub2e4. \uc774 \uc2dc\uc791\uc73c\ub85c \ubc14\ub77c\ubcf4\uba74 \ub098\uc2a4\ub2e5\uacfc \ube44\ud2b8\ucf54\uc778\ub9cc \uc720\uc77c\ud558\uac8c \uc131\uc7a5\uc744 \uae30\ub85d\ud558\uc600\ub294\ub370 \uc774\ub294 2008\ub144 \uc774\ud6c4 \ube44\ud558\uc801\uc73c\ub85c \ubc1c\uc804\ud55c \uae30\uc220 \ub54c\ubb38\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/p>\n\n\n\n<p>\uc720\ub7fd\uc740 2012\ub144\uc5d0 \uc740\ud589\uc5c5 \uc804\uccb4\uac00 \ubb34\ub108\uc9c8 \uc704\uae30\ub97c \uac04\uc2e0\ud788 \ub118\uacbc\uace0 \uc544\uc9c1\ub3c4 \uc704\ud0dc\ub85c\uc6b4 \uc0c1\ud0dc\uac00 \uc9c0\uc18d\ud55c\ub2e4. \uc0ac\ub78c\ub4e4\uc740 \uc6b0\ub9ac\uac00 \ubaa8\ub450 \ub9dd\ud558\uac8c \ub41c \uc6d0\uc778\uc744 \ucc3e\uac8c \ub418\ub294\ub370 \uc774\ub294 \uc815\uce58\uc758 \uc591\uadf9\ud654\uc640 \ud3ec\ud4f0\ub9ac\uc998\uc73c\ub85c \uc774\uc5b4\uc84c\ub2e4. \ub7ec\uc2dc\uc544\ub294 \uc774\ub7f0 \ucde8\uc57d\uc810\uc744 \uacf5\ub7b5\ud558\uae30 \uc704\ud574\uc11c \uc18c\ud504\ud2b8\uc6e8\uc5b4 \ub85c\ubd07\uc744 \uc0ac\uc6a9\ud558\uc5ec SNS\uc5d0\uc11c \uc0ac\ub78c\ub4e4\uc774 \uc88c\uc6b0\ub85c \ub098\ub258\ub3c4\ub85d \uc120\ub3d9\ud558\uae30\uc5d0 \uc774\ub978\ub2e4. \uadf8\ub7ec\ub098 \uc774\ub294 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uc758 \uc778\uad6c \uace0\ub839\ud654\uc640 \uc790\uc720\ubb34\uc5ed\uc774 \ucd08\ub798\ud55c \uacb0\uacfc\uc774\ub2e4. \uadf8\ub9ac\uace0 \uacb0\uad6d\uc5d0\ub294 \ube14\ub85d\uccb4\uc778 \uae30\uc220\uc758 \uc2b9\ub9ac\ub85c \ub05d\ub0a0 \uac83\uc778\ub370 \uadf8 \uc774\uc720\ub294 \uacbd\uc81c \uc704\uae30\uc758 \uc6d0\ud749 \uaca9\uc778 \uc591\uc801 \uc644\ud654\uac00 \uc874\uc7ac\ud560 \uc218 \uc5c6\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-14-59-central-bank-policy-\uc911\uc559\uc740\ud589\uc758-\uc815\ucc45\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=4499s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:14:59\u00a0&#8211; Central bank policy (\uc911\uc559\uc740\ud589\uc758 \uc815\ucc45)<\/a><\/h2>\n\n\n\n<p>\uae30\uc5c5 \ubd80\ucc44\uac00 \uc9c0\uae08\uae4c\uc9c0 \ubb38\uc81c\uac00 \ub418\uc9c0 \uc54a\ub294 \uc774\uc720\ub294 \uc81c\ub85c \uae08\ub9ac\uc5d0\uc11c \uae30\uc778\ud55c\ub2e4. \uc815\ubd80, \uac00\uac8c, \uae30\uc5c5, \uae08\uc735 \ubd80\ucc44\uac00 \ubaa8\ub450 \uc2ec\uac01\ud55c \ud604\uc7ac \uc0c1\ud669\uc5d0\uc11c \ubaa8\ub4e0 \uac83\uc774 \ubc84\ube14\uc77c \uc218\ubc16\uc5d0 \uc5c6\ub294\ub370, \uc774\ub7f0 \uc0c1\ud669\uc5d0\uc11c\ub294 \uadf8 \uc5b4\ub5a4 \ub2f4\ubcf4\ub3c4 \ubd80\uc2e4\ud574\uc9c0\uba74 \ud070\uc77c\uc774 \ub09c\ub2e4. \uadf8\ub807\uac8c \ub418\ub294 \ub0a0\uc5d0\ub294 \ub05d\uc5c6\uc774 \ucd94\ub77d\ud560 \uc218\ubc16\uc5d0 \uc5c6\uae30 \ub54c\ubb38\uc5d0 \uc911\uc559\uc740\ud589\uc758 \uc801\uadf9\uc801\uc778 \uac1c\uc785\uc774 \ubd88\uac00\ud53c\ud558\ub2e4. \uadf8\ub9ac\uace0 \uc774\uc81c \uc6b0\ub9ac\ub294 \ub108\ubb34 \ub9ce\uc774\uc640\uc788\uae30 \ub54c\ubb38\uc5d0 \ub2e4\uc2dc \uc790\uc720 \uacbd\uc81c\ub85c \ud68c\uadc0\ud558\ub294 \uac83\uc740 \ubd88\uac00\ub2a5\ud558\ub2e4. \uc544\ub9c8\ub3c4 1997\ub144 \uae08\uc735\uc704\uae30\uac00 \uc790\uc720\uacbd\uc81c \uc2dc\uc7a5\uc73c\ub85c \ud68c\uadc0\ud560 \uc218 \uc788\ub294 \ub9c8\uc9c0\ub9c9 \uae30\ud68c\uac00 \uc544\ub2c8\uc5c8\ub098 \uc2f6\ub2e4. \uadf8\ub54c \ubb34\ub108\uc9c8 \uae30\uc5c5\uc740 \ubaa8\ub450 \ubab0\ub77d\ud558\uac8c \uadf8\ub300\ub85c \ub450\uace0 \uae08\ub9ac \uc870\uc815 \ubc0f \uc591\uc801 \uc644\ud654\ub97c \uc790\uc81c\ud588\ub2e4\uba74 \uc9c0\uae08 \uc774\ub7f0 \uc0c1\ud669\uc740 \ud53c\ud560 \uc218 \uc788\uc5c8\uc744 \uac83\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-19-20-economic-reality-\uacbd\uc81c-\ud604\uc2e4\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=4760s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:19:20\u00a0&#8211; Economic reality (\uc6b0\ub9ac \uacbd\uc81c \ud604\uc2e4)<\/a><\/h2>\n\n\n\n<p>\ubbf8 \uc5f0\uc900\uc758 \uc81c\ub86c \ucd1d\uc7ac\uc640 \uc7ac\ubb34\ubd80\uc758 \uc81c\ub137 \uc7a5\uad00\uc740 \uc790\uc2e0\ub4e4\uc758 \uacb0\uc815\uc73c\ub85c \uae08\uc735\uc704\uae30\ub97c \uc601\uc6d0\ud788 \ub9c9\uc744 \uc218 \uc788\ub2e4\uace0 \ubbff\ub294\uac83 \uac19\uc9c0\ub9cc, \uc0ac\uc2e4 \uadf8\ub4e4\uc740 \ub3cc\uc544\uc62c \uc218 \uc5c6\ub294 \uac15\uc744 \uc774\ubbf8 \uac74\ub11c\ub2e4\ub294 \uc0ac\uc2e4\uc744 \uc6b0\ub9ac\ub294 \uc54c\uc544\uc57c \ud55c\ub2e4. \ubaa8\ub4e0 \uad6d\uac00\uac00 \ubbf8\uad6d\uc744 \ub530\ub77c\uc11c \uc591\uc801 \uc644\ud654\ub97c \uc2e4\uc2dc\ud558\uace0 \uc788\uc73c\uba70 \uc774\uc81c \ub354\ub294 \ud658\uac70\ub798 \uc2dc\uc7a5\uc774 \uac70\ub798\ub418\uc9c0 \uc54a\ub294 \uc774\uc720\ub294 \ud658\uc728\uc774 \ubb34\ub9ac\ud55c \uc591\uc801 \uc644\ud654\ub85c \uc804\ud600 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uace0 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4. \uc911\uad6d\uc758 \uc778\uad6c\uac00 \ucc98\uc74c\uc73c\ub85c \uc904\uc5b4\ub4e4\uace0 \uc788\ub294\ub370 \uc774\uc640 \ub9de\ubb3c\ub824 \uae30\uc220\uc758 \ubc1c\uc804\uc73c\ub85c \ubc00\ub808\ub2c8\uc5bc \uc138\ub300\uc758 \uc9c1\uc7a5\uc740 \uc11c\uc11c\ud788 \uc0ac\ub77c\uc9c8 \uc6b4\uba85\uc5d0 \ub193\uc600\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-23-45-government-bonds-\uad6d\ucc44\ub780\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=5025s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:23:45\u00a0&#8211; Government bonds (\uc815\ubd80 \uad6d\ucc44\uc758 \uc5ed\ud560)<\/a><\/h2>\n\n\n\n<p>\uad6d\ucc44\ub294 \uad6d\ub0b4 \ucd1d\uc0dd\uc0b0 \ub354\ud558\uae30 \uc778\ud50c\ub808\uc774\uc158\uc774\ub77c \ud560 \uc218 \uc788\ub294\ub370 \uad6d\ucc44 \uc218\uc775\uc744 \uc778\uc704\uc801\uc73c\ub85c \ubb36\uc5b4\ub450\ub294 \ud589\uc704\ub294 \uacbd\uc81c \ud0c4\uc555\uc774\ub77c\uace0 \ub9d0\ud560 \uc218\ubc16\uc5d0 \uc5c6\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-26-16-currency-annihilation-\ubc95\uc815\ud654\ud3d0\uc758-\uacb0\ub9d0\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=5176s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:26:16\u00a0&#8211; Currency annihilation (\ubc95\uc815\ud654\ud3d0\uc758 \uc885\ub9d0)<\/a><\/h2>\n\n\n\n<p>\ucd5c\uc885 \ub2f4\ubcf4\uac00 \ucde8\uc57d\ud574\uc9c0\uba74\uc11c \uc790\uc0b0\uc774 \ubb34\ub108\uc9c0\uba74 \uc774\ub294 \ubc95\uc815\ud654\ud3d0\uc758 \uc18c\uba78\ub85c \uc774\uc5b4\uc9c8 \uacf5\uc0b0\uc774 \ud06c\ub2e4. \uc774\ub7f0 \uce21\uba74\uc5d0\uc11c 2008\ub144 \uc0ac\ud1a0\uc2dc \uae30\uc220\ubc31\uc11c\uc758 \uc758\ubbf8\ub294 \ubc95\uc815\ud654\ud3d0\uac00 \uc18c\uba78\ud558\uba74 \uc554\ud638\ud654\ud3d0\uac00 \uadf8 \uc790\ub9ac\ub97c \ub300\uccb4\ud558\ub294 \uac83\uc774\ub2e4. \uc774\ub7f0 \uc2dd\uc73c\ub85c \uc2dc\uc7a5 \uc6d0\ub9ac\ub97c \ubb34\uc2dc\ud55c \uacbd\uc81c\uc815\ucc45\uc740 \ubc95\uc815\ud654\ud3d0\uc758 \uac00\uce58\uac00 \uc11c\uc11c\ud788 \uac00\ub77c\uc549\ub294 \ud6a8\uacfc\ub97c \uac00\uc838\uc62c \uac83\uc774\ub2e4. \ud639\uc790\ub294 \uc2dc\uc7a5\uc774 \ud55c\uaebc\ubc88\uc5d0 \ubb34\ub108\uc9c8 \uac00\ub2a5\uc131\uc744 \uc788\ub2e4\uace0 \ud558\uc9c0\ub9cc, \uc774\ub294 \uc633\uc9c0 \uc54a\uc740 \ud310\ub2e8\uc774\ub2e4. \uc9c0\uae08\uae4c\uc9c0 \ubd80\ub97c \uc9c0\ud0a4\ub294 \uc218\ub2e8\uc73c\ub85c \uc0ac\uc6a9\ub418\uc5c8\ub358 \uae08\uc758 \uc5ed\ud560 \ub610\ud55c \ubcc0\ud558\uace0 \uc788\ub294\ub370 \uc774\uc720\ub294 \ub354\ub294 \uc9c0\ud0ac \ubd80\uac00 \uc0ac\ub77c\uc84c\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-30-00-counterparty-risk-\uac70\ub798-\ub300\uc0c1-\uc704\ud5d8\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=5400s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:30:00\u00a0&#8211; Counterparty risk (\uac70\ub798 \ub300\uc0c1 \uc704\ud5d8)<\/a><\/h2>\n\n\n\n<p>\uc0ac\ub78c\ub4e4\uc774 \uc774\uc81c \uc911\uc559\uc740\ud589\uc744 \ub354\ub294 \uc2e0\ub8b0\ud558\uc9c0 \uc54a\uae30 \ub54c\ubb38\uc5d0 \uad6c\uacbd\uc81c\uc5d0\uc11c \uc2e0\uacbd\uc81c\uc778 \uc554\ud638\ud654\ud3d0\ub85c\uc758 \uc774\ubbfc\uc740 \uc774\ubbf8 \uc2dc\uc791\ub418\uc5c8\ub2e4\uace0 \ub9d0\ud560 \uc218 \uc788\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-34-24-depository-trust-clearing-corporation-dtcc-\uc608\ud0c1\uacb0\uc81c\uc6d0\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=5664s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:34:24\u00a0&#8211; Depository Trust &amp; Clearing Corporation (DTCC \uc138\uacc4 \uc608\ud0c1\uacb0\uc81c\uc6d0)<\/a><\/h2>\n\n\n\n<p>\uadf8\uac00 \uc138\uacc4 \uc608\ud0c1\uacb0\uc81c\uc6d0\uc5d0 \ub300\ud574\uc11c \uc54c\uac8c \ub41c \uacc4\uae30\ub294 2012\ub144\uc5d0 \uc2e0\uc0dd \uc740\ud589\uc744 \uc124\ub9bd\ud558\ub824\uace0 \uc2dc\ub3c4\ud558\uc600\uc744 \ubb34\ub835\uc774\ub2e4. \uc774\ub54c \ubbf8\uad6d\uacfc \uc720\ub7fd\uc758 \uc608\ud0c1\uacb0\uc81c\uc6d0\uc758 \uc784\uc6d0\ub4e4\uc744 \ub9cc\ub098\uac8c \ub418\uc5c8\ub294\ub370 \uc774\ub4e4\uc758 \uc598\uae30\ub97c \ub4e3\uace0 \ubbf8\uad6d(DTCC)\uacfc \uc720\ub7fd(Euroclear)\uc758 \uae08\uc735 \uc2dc\uc2a4\ud15c\uc774 \uc548\uc804\ud558\uc9c0 \uc54a\ub2e4\ub294 \uacb0\ub860\uc5d0 \ub3c4\ub2ec\ud558\uac8c \ub41c\ub2e4. \uc608\ud0c1\uacb0\uc81c\uc6d0\uc740 \ubaa8\ub4e0 \ub300\ucd9c\uc758 \ucd5c\ud6c4\uc758 \ubcf4\ub8e8\ub77c\uace0 \ud560 \uc218 \uc788\ub294 \uc2e4\ubb3c \uc790\uc0b0 \ub2f4\ubcf4\ub97c \uad00\ub9ac\ud558\ub294 \uacf3\uc778\ub370 \ud30c\uc0dd\uc0c1\ud488 \ub4f1 \ud55c \ubb3c\uac74\uc774 \uc5ec\ub7ec \ubc88 \ub2f4\ubcf4\ub85c \uc5bd\ud788\uace0 \uc12b\ud788\uac8c \uc124\uc815\ub41c \ub0b4\uc6a9\uc774 \uadf8\uacf3\uc5d0\uc11c\ub3c4 \ubaa8\ub450 \ubcf4\uad00\ub418\uc5b4 \uc788\uc9c0 \uc54a\ub294\ub2e4\ub294 \uc0ac\uc2e4\uc744 \ucc98\uc74c \uae68\ub2eb\uace0, \ubaa8\ub4e0 \uac70\ub798\uac00 \ud0dc\uc0dd\uc801\uc73c\ub85c \ub2e8\uc77c \uc6d0\uc7a5\uc5d0 \uae30\ub85d\ub418\ub294 \ube14\ub85d\uccb4\uc778\ub9cc\uc774 \uc720\uc77c\ud55c \uc548\uc804\uc9c0\ub300\uc784\uc744 \uadf8\ub294 \ud655\uc2e0\ud558\uac8c \uc774\ub978\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-36-00-market-actors-\uc2dc\uc7a5-\ud589\uc704\uc790\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=5760s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:36:00\u00a0&#8211; Market actors (\uc2dc\uc7a5 \ud589\uc704\uc790)<\/a><\/h2>\n\n\n\n<p>\ud604\uc7ac \uc2a4\uc640\ud504 \uacc4\uc57d \ub4f1\uc758 \uc8fc\uc694\ud55c \ubb38\uc11c\uac00 \ub204\uad70\uac00\uc758 \uc11c\ub78d\uc5d0\uc11c \ubb3b\ud600 \uc788\uace0 \uc804\uccb4\uac00 \uc628\ub77c\uc778\uc5d0 \uae30\ub85d\ub418\uc5b4 \uc788\uc9c0 \uc54a\uc544 \uc815\ud655\ud788 \uc54c \uc218 \uc5c6\ub294 \ud615\uad6d\uc774 \uc9c0\uc18d\ud558\uace0 \uc788\ub2e4. \uc815\ubd80\uc758 \uad8c\ud55c\uc744 \ubcf4\uc720\ud55c \uacf3\uc5d0\uc11c \uc218\uc0ac\ub97c \ud1b5\ud558\uc5ec \ud30c\ud5e4\uce58\uc9c0 \uc54a\ub294 \ud55c \uc608\ud0c1\uacb0\uc81c\uc6d0\uc5d0 \uc124\uc815\ub41c \ub2f4\ubcf4\uac00 \uc720\ud6a8\ud55c\uc9c0 \uc6b0\ub9ac\ub294 \uc54c \uc218 \uc788\ub294 \uae38\uc774 \uc5c6\ub2e4\ub294 \uc598\uae30\ub2e4. \uc6b0\ud30c\uc5d0\uc11c\ub294 \ubd84\ubc30\ub97c \ub2e4\uc2dc \ud574\uc57c \ud55c\ub2e4\uace0 \ud558\uace0, \uc88c\ud30c\uc5d0\uc11c\ub294 \ubd80\uc790\uc5d0\uac8c \uc138\uae08\uc744 \ub9e4\uaca8\uc57c \ud55c\ub2e4\uace0 \ud558\uace0, \uc815\ubd80\uc5d0\uc11c\ub294 \uae08\ub9ac\ub97c \uc870\uc815\ud558\uace0 \ub3c8\uc744 \ucc0d\uc5b4\uc11c \ubb38\uc81c\ub97c \ud574\uacb0\ud560 \uc218 \uc788\ub2e4\uace0 \ud558\uc9c0\ub9cc, \uc774\ub7f0 \uc0c1\ud669\uc5d0\uc120 \ubaa8\ub450\uac00 \ubd80\uc9c8\uc5c6\ub294 \uc9d3\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-42-00-austrian-view-\uc624\uc2a4\ud2b8\ub9ac\uc544-\uacbd\uc81c\uc774\ub860\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=6120s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:42:00\u00a0&#8211; Austrian view (\uc624\uc2a4\ud2b8\ub9ac\uc544 \uacbd\uc81c\uc774\ub860)<\/a><\/h2>\n\n\n\n<p>\uc624\uc2a4\ud2b8\ub9ac\uc544 \uacbd\uc81c \uc774\ub860\uac00\uc758 \uacf5\ud1b5\uc810\uc740 \uc790\uc2e0\uc5d0\uac8c \uc77c\uc5b4\ub098\uae30 \uc804\uae4c\uc9c0\ub9cc \uc624\uc2a4\ud2b8\ub9ac\uc544 \uc774\ub860\uac00\ub77c\ub294 \uc810\uc774\ub2e4. \uadf8\ub798\uc11c \uadfc\ub300 \uc778\ub958\ub294 \ucf00\uc778\uc2a4 \uacbd\uc81c \uc774\ub860\uc744 \ub530\ub77c \uc911\uc559 \ud1b5\uc81c\ub97c \uc120\ud0dd\ud588\uc73c\ub098 \uacb0\uacfc\ub294 \uc6b0\ub9ac \uc790\uc2e0\uc744 \ubb34\ucc38\ud788 \ubb34\ub108\ub728\ub9ac\ub294 \uc9c0\uacbd\uc5d0 \uc774\ub974\ub800\ub2e4. \ub9c8\uc9c0\ub9c9\uc73c\ub85c 1997\ub144 \uae08\uc735\uc704\uae30\uc5d0 \ub418\ub3cc\ub9b4 \uae30\ud68c\uac00 \ud55c \ucc28\ub840 \uc788\uc5c8\ub294\ub370 \uc6b0\ub9ac\ub294 \uadf8 \uc911\uc694\ud55c \uae30\ud68c\ub97c \uc2e4\uae30\ud588\ub2e4. \uc774\uc81c \uc6b0\ub9ac\uac00 \uc544\ubb34\ub9ac \ub178\ub3d9 \uc5f0\ub839\uc744 \uc5f0\uc7a5\ud558\uace0 \ubc1c\ubc84\ub465\uc744 \uccd0\ub3c4 \uc18c\uc6a9\uc774 \uc5c6\uc5b4\uc84c\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-43-55-population-reduction-\uc778\uad6c-\uac10\uc18c\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=6235s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:43:55\u00a0&#8211; Population reduction (\uc778\uad6c \uac10\uc18c)<\/a><\/h2>\n\n\n\n<p>\ud604\uc7ac \uc77c\uc5b4\ub098\uace0 \uc788\ub294 \uc778\uad6c\uac10\uc18c \ud604\uc0c1\uc740 \uc778\ub958\uc758 \uc790\uc815 \ub2a5\ub825\uc774\ub77c\uace0 \ud560 \uc218 \uc788\ub2e4. \ud559\uc790\ub4e4\uc740 \uc9c0\uad6c\uc758 \uc778\uad6c\ub294 10\uc5b5 \uba85\uc5d0\uc11c \uc815\uc810\uc744 \ucc0d\uc740 \ub4a4 \uc11c\uc11c\ud788 \uac10\uc18c\ud560 \uac83\uc774\ub77c \uc608\uce21\ud55c\ub2e4. \ubb38\uc81c\ub294 \uae30\uc220\uc758 \ubc1c\uc804\uc73c\ub85c \uc778\ud558\uc5ec \uc778\ub958\uc758 \uc9c1\uc7a5\uc774 \ubaa8\ub450 \uc0ac\ub77c\uc9c8 \uc704\uae30\uc5d0 \ucc98\ud55c \uac83\uc774\ub2e4. \uadf8\ub807\uac8c \ub418\uba74 \uc778\ub2f9 GDP\uac00 \ucc9c\uc815\ubd80\uc9c0\ub85c \uc624\ub97c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uadf8\ub9ac\uace0 \uc6b0\ub9ac\ub294 \uc628\ub77c\uc778 \uac00\uc0c1\uad6d\uac00\uc758 \ub4f1\uc7a5\uc5d0 \uc8fc\ubaa9\ud574\uc57c \ud55c\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-48-35-metaverse-\uba54\ud0c0\ubc84\uc2a4\uc758-\ud0c4\uc0dd\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=6515s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:48:35\u00a0&#8211; Metaverse (\uba54\ud0c0\ubc84\uc2a4\uc758 \ud0c4\uc0dd)<\/a><\/h2>\n\n\n\n<p>\uc0ac\ub78c\ub4e4\uc740 \ub514\uc2a4\ud1a0\ud53c\uc544(\uc9c0\uc625) vs \uc720\ud1a0\ud53c\uc544(\ucc9c\ub2f9) \ubc84\uc804\uc758 \uac00\uc0c1\uad6d\uac00\ub97c \uac74\uc124\ud558\uace0 \uc788\ub2e4. \uadf8\ub7f0\ub370 \ubb38\uc81c\ub294 \ud654\ud3d0\uc720\ud1b5 \uc18d\ub3c4\uac00 0\uc73c\ub85c \ud5a5\ud558\uace0 \uc788\uc73c\ubbc0\ub85c \uc774\ub97c \uc5b4\ub5bb\uac8c \ub9c9\uc744 \uac83\uc778\uac00\uac00 \uc911\uc694\ud558\ub2e4. \uc911\uc559\uc740\ud589\uc758 \uc545\uc21c\ud658 vs \ube44\ud2b8\ucf54\uc778\uc758 \uc120\uc21c\ud658 \uc8fc\uae30\ub294 \uc5b4\ub5bb\uac8c \ucda9\ub3cc\ud560 \uac83\uc77c\uc9c0 \uac71\uc815\ub418\ub294 \ubd80\ubd84\uc774\ub2e4. \ub300\uc601\uc81c\uad6d\uc758 \ub9d0\ub85c\ub294 \uc5b4\ub5a0\ud588\ub294\uac00\ub97c \uc0b4\ud3b4\ubcf4\uba74 \ube14\ub85d\uccb4\uc778\uc774 \uc6b0\ub9ac\uc758 \uc0c8\ub85c\uc6b4 \ud0dc\uc591\uacc4\uac00 \ub420 \uac83\uc774 \ubd84\uba85\ud574\uc9c4\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-51-00-inflationary-pressure-\uc778\ud50c\ub808\uc774\uc158-\uc555\ub825\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=6660s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:51:00\u00a0&#8211; Inflationary pressure (\uc778\ud50c\ub808\uc774\uc158 \uc555\ub825)<\/a><\/h2>\n\n\n\n<p>NFT\uc640 \uac19\uc740 \uc2e0\uacbd\uc81c\uc758 \ucd9c\ubc94\uc740 \uc55e\uc73c\ub85c \ub2e4\uac00\uc62c 20\ub144\uc758 \uae30\uc220\uc804\uc7c1\uc744 \uc608\uace0\ud558\uace0 \uc788\ub2e4. \uc815\ubd80\uc758 CBDC \uac19\uc740 \uc2dc\ub3c4\ub294 \uae30\ubcf8\uc18c\ub4dd\uc81c(UBI)\ub97c \uac00\uc18d\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\uace0 \uad6c\uacbd\uc81c(\ubc95\uc815\ud654\ud3d0)\uc5d0\uc11c \uc2e0\uacbd\uc81c(\uac00\uc0c1\ud654\ud3d0) \uccb4\uc81c\ub85c\uc758 \uc11c\uc11c\ud788 \uc804\ud658\ub420 \uac83\uc744 \uc554\uc2dc\ud55c\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-52-41-cantillon-effect-\uce78\ud2f0\uc639-\ud6a8\uacfc\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=6761s\" target=\"_blank\" rel=\"noopener\" title=\"\">1:52:41\u00a0&#8211; Cantillon effect (\uce78\ud2f0\uc639 \ud6a8\uacfc)<\/a><\/h2>\n\n\n\n<p>\uc911\uc559\uc5d0 \uac00\uae4c\uc6b4 \uc18c\uc218\ub9cc\uc774 \ubd80\ub97c \ucd95\uc801\ud558\uace0 \ub098\uba38\uc9c0\ub294 \uac00\ub09c\ud574\uc9c0\ub294 \uce78\ud2f0\uc639 \ud6a8\uacfc\uac00 \uc9c0\uc18d\ud558\ub294 \uac00\uc6b4\ub370 \uc6b0\ub9ac\ub294 \uc5b4\ub5bb\uac8c \ubbfc\uc911\uc758 \ud3ed\ub3d9\uc744 \ub9c9\uc744 \uc218 \uc788\uc744 \uac83\uc778\uac00? \uc774\ub7ec\ub2e4\uac04 \ubaa8\ub450\uac00 \uc6b4\uba85\uc801\uc73c\ub85c \uc88c\ud30c\uac00 \ub420\uc9c0\ub3c4 \ubaa8\ub974\ub294 \uc774\uc720\ub294 \ub300\ub2e4\uc218\uac00 \uac00\ub09c\ud574\uc9c8 \uac83\uc774\uae30 \ub54c\ubb38\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-54-29-nation-state-\uad6d\uac00-\uccb4\uacc4\uc758-\uc774\ub3d9\"><a href=\"https:\/\/www.youtube.com\/watch?v=O1_LrREYQ8c&amp;t=6869s\" target=\"_blank\" rel=\"noreferrer noopener\">1:54:29&nbsp;&#8211; Nation state (\uad6d\ubbfc \uad6d\uac00\uc758 \uc885\ub9d0)<\/a><\/h2>\n\n\n\n<p>\uae30\ubcf8\uc18c\ub4dd\uc81c(UBI)\ub97c \uadfc\uac04\uc73c\ub85c \ud558\ub294 \uac00\uc0c1\uad6d\uac00\uac00 \uba54\ud0c0\ubc84\uc2a4\ub77c\ub294 \uc774\ub984\uc73c\ub85c \ucd9c\ubc94\ud558\uace0 \uc788\ub2e4. \uc774\ub294 \uc6b0\ub9ac\uc5d0\uac8c \uc0c8\ub85c\uc6b4 \uc2e0\ub300\ub959 \ub610\ub294 \ud0dc\uc591\uacc4\uac00 \ub420 \uc218 \uc788\ub2e4. \ud604\uc2e4 \uad6d\uac00\uc640 \uc774\ub4e4\uc758 \ucc28\uc774\uc810\uc740 \uc0ac\ub78c, \uc0dd\uc0b0\uc131, \uc790\uc6d0\uc774 \uc874\uc7ac\ud558\uc9c0 \uc54a\ub294\ub2e4\ub294 \uc0ac\uc2e4\uc774\ub2e4. \uac00\uc0c1\uad6d\uac00\uc5d0 \uc0ac\ub78c\ub4e4\uc774 \ub4e4\uc5b4\uac00\uc9c0 \uc804\uae4c\uc9c0\ub294 \ub9d0\uc774\ub2e4. \uadf8\ub7ec\uba74 \uadf8\uacf3\uc5d0\ub3c4 \uc0ac\ub78c, \uc18c\ub4dd\uc774 \ubb34\uc81c\ud55c\uc73c\ub85c \ub298\uc5b4\ub0a0 \uac83\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-07-44-value-capture-\uac00\uce58-\uc2e4\ud604\uc758-\uc804\ud658\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=7664s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:07:44\u00a0&#8211; Value capture (\uac00\uce58 \uc2e4\ud604\uc758 \uc804\ud658)<\/a><\/h2>\n\n\n\n<p>8,700\ub9cc \uba85\uc758 \ubc00\ub808\ub2c8\uc5bc \uc138\ub300\ub294 \ud654\ud3d0, \uaddc\uc81c, \uc2dc\uc2a4\ud15c \ub4f1 \ucd5c\uc545\uc758 \uacbd\uc81c\ub97c \ub118\uaca8\uc8fc\ub294 \ubca0\uc774\ube44\ubd90 \uc138\ub300\uc5d0\uac8c \uc6d0\ub9dd\ud560\ub9cc\ud558\ub2e4. \ubc95\uc815\ud654\ud3d0\uc758 \uac00\uce58 \uc800\ud558\ub294 \uc9c0\uc18d\ud560 \uac83\uc774\uace0 \ud5a5\ud6c4 20\ub144\uac04 \uce58\uc5f4\ud55c \uae30\uc220 \uc804\uc7c1\uc73c\ub85c \uc5bc\ub8e9\uc9c8 \uc804\ub9dd\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-09-00-singularity-\uc2f1\uade4\ub798\ub9ac\ud2f0\ub780\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=7740s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:09:00\u00a0&#8211; Singularity (\uc2f1\uade4\ub798\ub9ac\ud2f0\uc758 \uc758\ubbf8)<\/a><\/h2>\n\n\n\n<p>\uc2f1\uade4\ub798\ub9ac\ud2f0\uac00 \uc2e4\ud604\ub418\uba74 \uae30\uacc4\uac00 \ubaa8\ub4e0 \uac83\uc744 \uc9c0\ubc30\ud558\uac8c \ub420\ud150\ub370 \uc0ac\ub78c\uc774 \uc544\ub2cc \uae30\uacc4\ub294 \uacfc\uc5f0 \ud3ed\ub825\uc758 \ud53c\ud574\ub97c \uc778\uc9c0\ud560 \uc218 \uc788\ub294\uc9c0\uac00 \ubb38\uc81c\ub2e4. \ube14\ub85d\uccb4\uc778 \uae30\ubc18\uc758 \uc601\uc9c0\uc2dd\uc99d\uba85(ZKP)\uc740 \uc6b0\ub9ac\uc758 \uc2e0\ubd84\uc99d\uc744 \ub300\uccb4\ud560 \uacf5\uc0b0\uc774 \ud06c\ub2e4\uace0 \ub2d0 \ud558\uc704 \uc800\uc11c &lt;\ub124\ubc88\uc9f8 \uc804\ud658&gt; \ubc0f \ub370\uc774\ube57\uc2a8\uacfc \ub9ac\uc2a4\uba38\uadf8 \uc800\uc11c &lt;\uc8fc\uad8c\uc788\ub294 \uac1c\uc778&gt;\uc5d0\uc11c \uc608\uc5b8\ud558\uace0 \uc788\ub2e4. \ub370\uc774\ube44\ub4dc\uc640 \ud074\ub808\uc5b4 \uc800\uc11c &lt;\ub178\ud654\uc758 \uc885\ub9d0&gt;\ub3c4 \uc774 \ubd84\uc57c\uc5d0\uc11c \uc77d\uc5b4\ubcfc\ub9cc\ud55c \ucc45\uc774\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-10-38-identity-\uc2e0\ubd84-\uc81c\ub3c4\uc758-\uc804\ud658\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=7838s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:10:38\u00a0&#8211; Identity (\uc2e0\ubd84 \uc81c\ub3c4\uc758 \ubcc0\ud654)<\/a><\/h2>\n\n\n\n<p>\ube14\ub85d\uccb4\uc778 \uae30\uc220\uc740 \uadf8\ub3d9\uc548 \ud50c\ub7ab\ud3fc\uc5d0 \ub3c5\uc810\ub418\uc5c8\ub358 \ub370\uc774\ud130 \uc8fc\uad8c\uc744 \ub2e4\uc2dc \uac1c\uc778\uc73c\ub85c \ub3cc\ub824\uc8fc\uace0 \uc0c8\ub85c\uc6b4 \ub514\uc9c0\ud138 \uc2e0\ubd84 \uc81c\ub3c4\ub85c \ubc1c\uc804\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uadf8\ub9ac\uace0 \ub514\uc9c0\ud138\ub85c \ub418\uc5b4 \uc788\ub294 \ubaa8\ub4e0 \uac83\uc758 \uac00\uce58\ub294 0\uc73c\ub85c \ub0b4\ub824\uac08 \ud655\ub960\uc774 \ub192\uc73c\ubbc0\ub85c \uc5d0\ub108\uc9c0\uc758 \uac00\uce58\ub9c8\uc800\ub3c4 \uc7ac\uc0dd \uc5d0\ub108\uc9c0\ub85c \uc778\ud558\uc5ec 30\ub144 \uc774\ub0b4\uc5d0 0\uc73c\ub85c \uac00\uce58\uac00 \ub0b4\ub824\uac08 \uacf5\uc0b0\uc774 \ud06c\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-14-20-possibility-\ubbf8\ub798-\uac00\ub2a5\uc131\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=8060s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:14:20\u00a0&#8211; Possibility (\ubbf8\ub798 \uac00\ub2a5\uc131)<\/a><\/h2>\n\n\n\n<p>\uc778\uacf5\uc9c0\ub2a5\uc744 \ubcf4\uc720\ud55c \uc790\uac00 \uc138\uc0c1\uc744 \uc9c0\ubc30\ud560 \uacf5\uc0b0\uc774 \ud06c\ub2e4\uba74 \uadf8\uac83\uc740 \uacfc\uc5f0 \uc5b4\ub5bb\uac8c \ub9c9\uc744 \uac83\uc778\uac00? \uae08\uc735\uacfc \uc5d0\ub108\uc9c0 \ube44\uc6a9\uc774 0\uc73c\ub85c \ud5a5\ud55c\ub2e4\uba74 \uc5b4\ub5a4 \uc0ac\ud68c\uac00 \ub9cc\ub4e4\uc5b4\uc9c8 \uac83\uc778\uac00?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-16-14-demographics-\uc778\uad6c\ud1b5\uacc4\uc758-\uc601\ud5a5\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=8174s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:16:14\u00a0&#8211; Demographics (\uc778\uad6c\ud1b5\uacc4\uc758 \uc601\ud5a5)<\/a><\/h2>\n\n\n\n<p>\uc0ac\ub78c\ub4e4\uc740 \ubcc0\ud654\ub97c \ub450\ub824\uc6cc\ud558\ub294 \uac83 \ubfd0\uc774\ub2e4. \uadf8\ub798\uc11c \ube44\ud2b8\ucf54\uc778\uc774\ub098 \uc77c\ub7f0 \uba38\uc2a4\ud06c \uac19\uc740 \uc0ac\ub78c\uc744 \uc2eb\uc5b4\ud558\ub294 \uc0ac\ub78c\ub4e4\uc774 \uc788\ub2e4. \uad6c\uc11d\uae30 \uc2dc\ub300\uc758 \uac10\uc131\uacfc \uc911\uc138 \uc2dc\ub300\uc758 \uae30\uad00, \uadf8\ub9ac\uace0 \uc2e0\uc801\uc778 \uae30\uc220\uc774 \uacb0\ud569\ud558\uba74 \uacfc\uc5f0 \uc5b4\ub5bb\uac8c \ub420 \uac83\uc778\uac00?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-18-20-money-\ub3c8\uc774\ub780\"><a href=\"https:\/\/www.youtube.com\/watch?v=i9TXVjYBM3U&amp;t=8300s\" target=\"_blank\" rel=\"noopener\" title=\"\">2:18:20\u00a0&#8211; Money (\ud654\ud3d0 \ud601\uba85)<\/a><\/h2>\n\n\n\n<p>\ube44\ud2b8\ucf54\uc778\uc774 \ucd9c\ubc94\ud55c 2008\ub144\uc774 \ud654\ud3d0\uc758 \uac00\uc18d\ud654 \uc2dc\uc810\uc774\ub77c\uace0 \ud55c\ub2e4\uba74 \ud32c\ub354\ubbf9\uc774 \uc77c\uc5b4\ub09c 2020\ub144\uc740 \uc138\uc0c1\uc758 \uac00\uc18d\ud654 \uc2dc\uc810\uc774\ub2e4.<\/p>\n\n\n\n<p>\ub0b4\uac00 \uc798\ubabb \uc774\ud574\ud55c \ubd80\ubd84\uc774 \uc788\ub2e4\uba74 \ub313\uae00\ub85c \uc9c0\uc801 \ubc14\ub77c\uba70 \ub2e4\uc74c\uc740 \uc774\ubc88 \uc778\ud130\ubdf0\uc5d0\uc11c \uc5b8\uae09\ub41c \ub3c4\uc11c\ub4e4\uc778\ub370 \uadf8\uc911\uc5d0\uc11c &lt;\ub178\ud654\uc758 \uc885\ub9d0&gt; \uc774\uc678\uc5d0\ub294 \uc544\uc9c1 \uae00\uc744 \uc62c\ub9ac\ub294 \uc2dc\uc810\uae4c\uc9c0 \ud55c\uae00\ub85c \ubc88\uc5ed\ub418\uc9c0 \uc54a\uc558\ub2e4.<\/p>\n\n\n\n<ul>\n<li>Fourth Turning by Neil Howe &lt;\ub124\ubc88\uc9f8 \uc804\ud658&gt;<br><a href=\"https:\/\/www.amazon.com\/Fourth-Turning-American-Prophecy-Rendezvous\/dp\/0767900464\">https:\/\/www.amazon.com\/Fourth-Turning-American-Prophecy-Rendezvous\/dp\/0767900464<\/a><\/li>\n\n\n\n<li>Lifespan by David and Claire &lt;\ub178\ud654\uc758 \uc885\ub9d0&gt;<br><a href=\"https:\/\/www.amazon.com\/Lifespan-Revolutionary-Science-Ageand-Dont\/dp\/1982135875\">https:\/\/www.amazon.com\/Lifespan-Revolutionary-Science-Ageand-Dont\/dp\/1982135875<\/a><\/li>\n\n\n\n<li>\ub178\ud654\uc758 \uc885\ub9d0, \ub370\uc774\ube44\ub4dc A. \uc2f1\ud074\ub808\uc5b4, \ub9e4\uc288 D. \ub7ec\ud50c\ub79c\ud2b8 \uc800 <a href=\"http:\/\/www.yes24.com\/Product\/Goods\/91359958\">http:\/\/www.yes24.com\/Product\/Goods\/91359958<\/a><\/li>\n\n\n\n<li>Sovereign Individual by Davidson and Rees-Mogg &lt;\uc8fc\uad8c\uc788\ub294 \uac1c\uc778&gt;<br><a href=\"https:\/\/www.amazon.com\/Sovereign-Individual-Mastering-Transition-Information\/dp\/0684832720\">https:\/\/www.amazon.com\/Sovereign-Individual-Mastering-Transition-Information\/dp\/0684832720<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\ub098\ub294 \ud3c9\uc18c\uc5d0 \ub77c\uc6b8 \ud314 \ub300\ud45c\uac00 \uc6b4\uc601\ud558\ub294 \ub9ac\uc5bc\ube44\uc804\uc758 \uc560\ub3c5\uc790\ub85c\uc11c \uace8\ub4dc\ub9cc\uc0ad\uc2a4 \ucd9c\uc2e0\uc758 \uc720\uba85 \ub9e4\ud06c\ub85c \ud22c\uc790\uc790\uc778 \uadf8\uc758 \uc0dd\uac01\uacfc \ud589\ub3d9\uc5d0 \uacf5\uac10\ud558\ub358 \ucc28 \uc790\uc2e0\uc758 30\ub144 \ubc30\uc6c0 \uacfc\uc815\uc744 \ucd1d, \ub9dd\ub77c\ud558\ub294 \uac70\uc2dc\uacbd\uc81c \ud504\ub808\uc784\uc6cc\ud06c\uc5d0 \ub300\ud55c \uc778\ud130\ubdf0\ub97c \uc774\ubc88 \ud3ec\uc2a4\ud2b8\uc5d0\uc11c \uc694\uc57d\ud574 \ubcf4\uaca0\ub2e4. \uc544\ub9c8\ub3c4 \uc9c0\uae08\uae4c\uc9c0 \ub9ac\uc5bc\ube44\uc804 \ubc29\uc1a1 \uc911 \uac00\uc7a5 \uc720\uc6a9\ud55c \ub3d9\uc601\uc0c1\uc774 \uc544\ub2d0\uae4c \uc2f6\ub2e4. \uc2dc\uccad\uc790 \uc911\uc5d0\uc11c \uace0\ub9d9\uac8c\ub3c4 Leonard Leong\ub2d8\uc774 \uc778\ud130\ubdf0\uc5d0 \ud0c0\uc784 \uc2a4\ud0ec\ud504\ub97c \ub313\uae00\ub85c \ub2ec\uc544\uc8fc\uc5b4\uc11c \uc5ec\uae30\uc5d0 \ub098\uc5d0\uac8c \uc911\uc694\ud55c [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[301],"tags":[454,465,446,458,460,449,470,444,463,450,469,456,461,442,452,466,468,448,451,457,445,443,462,459,447,464,453,455,467],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/posts\/1492"}],"collection":[{"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/comments?post=1492"}],"version-history":[{"count":69,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/posts\/1492\/revisions"}],"predecessor-version":[{"id":1803,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/posts\/1492\/revisions\/1803"}],"wp:attachment":[{"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/media?parent=1492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/categories?post=1492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ryuhyun.kim\/wp-json\/wp\/v2\/tags?post=1492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}