{"id":50573,"date":"2025-09-19T07:55:47","date_gmt":"2025-09-19T07:55:47","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=50573"},"modified":"2025-09-19T08:26:58","modified_gmt":"2025-09-19T08:26:58","slug":"japan-novekvo-adossaga-novelheti-a-kriptovalutak-iranti-erdeklodest-figyelmeztet-egy-vezeto-kozgazdasz","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/hu\/japan-novekvo-adossaga-novelheti-a-kriptovalutak-iranti-erdeklodest-figyelmeztet-egy-vezeto-kozgazdasz\/","title":{"rendered":"Jap\u00e1n n\u00f6vekv\u0151 ad\u00f3ss\u00e1ga n\u00f6velheti a kriptovalut\u00e1k ir\u00e1nti \u00e9rdekl\u0151d\u00e9st, figyelmeztet egy vezet\u0151 k\u00f6zgazd\u00e1sz"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Kriptovalut\u00e1k: Jap\u00e1n egyre n\u00f6vekv\u0151 aggodalmakkal szembes\u00fcl a ad\u00f3ss\u00e1gv\u00e1ls\u00e1g miatt, amely egyes k\u00f6zgazd\u00e1szok szerint hamarabb bek\u00f6vetkezhet, mint a legt\u00f6bb befektet\u0151 gondoln\u00e1. <a href=\"https:\/\/substack.com\/home\/post\/p-173620007\">Erre p\u00e9ld\u00e1ul Robin Brooks<\/a>, k\u00f6zgazd\u00e1sz \u00e9s a Brookings Institution Global Economy and Development programj\u00e1nak vezet\u0151je is felh\u00edvja a figyelmet. Szerinte Jap\u00e1n \u201ecsapd\u00e1ba esett\u201d a magas ad\u00f3ss\u00e1g, a n\u00f6vekv\u0151 infl\u00e1ci\u00f3 \u00e9s a kamatl\u00e1bakra nehezed\u0151 nyom\u00e1s \u00f6rd\u00f6gi k\u00f6r\u00e9ben \u2013 ami alapvet\u0151 hat\u00e1ssal lehet a kriptovaluta-piacra is.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A cikk tartalma \u2013 Kriptovalut\u00e1k:<\/h2>\n\n\n<div class=\"wp-block-aioseo-table-of-contents\"><ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-az-adossag-meghaladja-a-gdp-240-szazalekat\">Az ad\u00f3ss\u00e1g meghaladja a GDP 240 sz\u00e1zal\u00e9k\u00e1t<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-kriptovalutak-mint-menekulesi-ut\">Kriptovalut\u00e1k mint menek\u00fcl\u00e9si \u00fat<\/a><ul><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-az-amerikai-recesszio-mint-ideiglenes-megmento\">Az amerikai recesszi\u00f3 mint ideiglenes megment\u0151<\/a><ul><\/ul><\/li><\/ul><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-az-adossag-meghaladja-a-gdp-240-szazalekat\">Az ad\u00f3ss\u00e1g meghaladja a GDP 240 sz\u00e1zal\u00e9k\u00e1t<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Jap\u00e1n <a href=\"https:\/\/www.ceicdata.com\/en\/indicator\/japan\/government-debt--of-nominal-gdp\">m\u00e1r<\/a> r\u00e9g\u00f3ta a legmagasabb \u00e1llamad\u00f3ss\u00e1g\/GDP ar\u00e1nnyal rendelkezik a fejlett gazdas\u00e1gok k\u00f6z\u00f6tt, jelenleg k\u00f6r\u00fclbel\u00fcl 240 sz\u00e1zal\u00e9kkal. A COVID-19-j\u00e1rv\u00e1ny \u00e9s a hatalmas korm\u00e1nyzati kiad\u00e1sok ut\u00e1n a befektet\u0151k toleranci\u00e1ja az ilyen magas ad\u00f3ss\u00e1gszint ir\u00e1nt cs\u00f6kkent. R\u00e1ad\u00e1sul 2022 k\u00f6zepe \u00f3ta a jap\u00e1n infl\u00e1ci\u00f3 <a href=\"https:\/\/tradingeconomics.com\/japan\/inflation-cpi\">jelent\u0151sen felgyorsult<\/a>, \u00e9s olyan szintet \u00e9rt el, amelyet az orsz\u00e1g az 1980-as \u00e9vek \u00f3ta nem tapasztalt.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A magasabb infl\u00e1ci\u00f3 emeli az \u00e1llampap\u00edrok hozam\u00e1t \u00e9s dr\u00e1g\u00edtja a korm\u00e1nyzati hitelez\u00e9st. \u201eHa Jap\u00e1n alacsony kamatl\u00e1bakat tart fenn, akkor kock\u00e1ztatja a jen tov\u00e1bbi gyeng\u00fcl\u00e9s\u00e9t \u00e9s az ellen\u0151rizhetetlen infl\u00e1ci\u00f3t. Ha viszont hagyja a hozamok emelked\u00e9s\u00e9t, akkor vesz\u00e9lyezteti ad\u00f3ss\u00e1g\u00e1nak fenntarthat\u00f3s\u00e1g\u00e1t\u201d \u2013 \u00f6sszegzi Brooks <a href=\"https:\/\/substack.com\/home\/post\/p-173620007\">a Substackon<\/a> megjelent cikk\u00e9ben.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"aioseo-ne-hagyja-ki-bitmarkets\">Ne hagyja ki: <a href=\"https:\/\/crypto-globe.com\/hu\/bitmarkets-com-hogyan-javitja-a-btmt-token-a-kriptovaluta-kereskedeset\/\" target=\"_blank\" rel=\"noopener\" title=\"\">BITmarkets<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-1024x685.jpeg\" alt=\"\" class=\"wp-image-50574\" srcset=\"https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-1024x685.jpeg 1024w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-300x201.jpeg 300w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-768x514.jpeg 768w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-1536x1028.jpeg 1536w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-2048x1370.jpeg 2048w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-150x100.jpeg 150w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-696x466.jpeg 696w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-1068x715.jpeg 1068w, https:\/\/crypto-globe.com\/wp-content\/uploads\/2025\/09\/Japan-3-1920x1285.jpeg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-kriptovalutak-mint-menekulesi-ut\">Kriptovalut\u00e1k mint menek\u00fcl\u00e9si \u00fat<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A szak\u00e9rt\u0151k szerint a ad\u00f3ss\u00e1gspir\u00e1l miatti aggodalmak arra k\u00e9sztetik a befektet\u0151ket, hogy alternat\u00edv \u201ebiztons\u00e1gos mened\u00e9keket\u201d keressenek, amelyek k\u00f6z\u00e9 a kriptovalut\u00e1k \u2013 els\u0151sorban a stablecoinok \u2013 is tartoznak. A jap\u00e1n JPYC startup <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/japan-startup-issue-first-yen-pegged-stablecoin-2025-08-19\/\">p\u00e9ld\u00e1ul azt tervezi<\/a>, hogy m\u00e9g ebben az \u00e9vben kibocs\u00e1tja az els\u0151, a jap\u00e1n jenhez k\u00f6t\u00f6tt stablecoint.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Annak ellen\u00e9re, hogy a jap\u00e1n jen az id\u00e9n 7 sz\u00e1zal\u00e9kkal er\u0151s\u00f6d\u00f6tt a doll\u00e1rhoz k\u00e9pest, ami az Egyes\u00fclt \u00c1llamokban v\u00e1rhat\u00f3 kamatcs\u00f6kken\u00e9snek k\u00f6sz\u00f6nhet\u0151, 2021 \u00f3ta <a href=\"https:\/\/tradingeconomics.com\/japan\/currency\">t\u00f6bb mint 40 sz\u00e1zal\u00e9kot vesztett \u00e9rt\u00e9k\u00e9b\u0151l.<\/a> Ez felhajtja a hazai infl\u00e1ci\u00f3t \u00e9s n\u00f6veli a nyom\u00e1st a korm\u00e1nyra.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"aioseo-erdekelheti-rekord-erdeklodes-az-arany-irant-az-egyesult-allamokban\">\u00c9rdekelheti: <a href=\"https:\/\/crypto-globe.com\/hu\/rekord-erdeklodes-az-arany-irant-az-usa-ban\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Rekord \u00e9rdekl\u0151d\u00e9s az arany ir\u00e1nt az Egyes\u00fclt \u00c1llamokban<\/a><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-az-amerikai-recesszio-mint-ideiglenes-megmento\">Az amerikai recesszi\u00f3 mint ideiglenes megment\u0151<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Brooks szerint egy esetleges amerikai recesszi\u00f3 n\u00e9mi megk\u00f6nnyebb\u00fcl\u00e9st hozhatna Jap\u00e1nnak. Ha az amerikai GDP k\u00e9t egym\u00e1st k\u00f6vet\u0151 negyed\u00e9vben cs\u00f6kkenne, a glob\u00e1lis befektet\u0151k nagy mennyis\u00e9gben v\u00e1s\u00e1rolhatn\u00e1nak korm\u00e1nyzati k\u00f6tv\u00e9nyeket, ami cs\u00f6kkenten\u00e9 a hozamokat \u00e9s id\u0151t adna Jap\u00e1nnak a konszolid\u00e1ci\u00f3ra. Brooks szerint azonban Jap\u00e1nnak v\u00e9g\u00fcl n\u00e9pszer\u0171tlen l\u00e9p\u00e9seket kell tennie, vagyis kiad\u00e1scs\u00f6kkent\u00e9st vagy ad\u00f3emel\u00e9st kell v\u00e9grehajtania. Hogy a k\u00f6zv\u00e9lem\u00e9ny ezt elfogadja-e, egyel\u0151re nem biztos.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"aioseo-olvasson-tovabb-madison-six\">Olvasson tov\u00e1bb: <a href=\"https:\/\/crypto-globe.com\/hu\/madison-six-kreativ-ero-amely-identitast-energiat-es-eredmenyeket-ad-a-markaknak\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Madison Six<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Kriptovalut\u00e1k: Jap\u00e1n egyre n\u00f6vekv\u0151 aggodalmakkal szembes\u00fcl a ad\u00f3ss\u00e1gv\u00e1ls\u00e1g miatt, amely egyes k\u00f6zgazd\u00e1szok szerint hamarabb bek\u00f6vetkezhet, mint a legt\u00f6bb befektet\u0151 gondoln\u00e1. Erre p\u00e9ld\u00e1ul Robin Brooks, k\u00f6zgazd\u00e1sz \u00e9s a Brookings Institution Global Economy and Development programj\u00e1nak vezet\u0151je is felh\u00edvja a figyelmet. Szerinte Jap\u00e1n \u201ecsapd\u00e1ba esett\u201d a magas ad\u00f3ss\u00e1g, a n\u00f6vekv\u0151 infl\u00e1ci\u00f3 \u00e9s a kamatl\u00e1bakra nehezed\u0151 nyom\u00e1s \u00f6rd\u00f6gi [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50545,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[170],"tags":[121,87],"class_list":["post-50573","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kriptovalutak","tag-crypto-hu","tag-kriptovalutak"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"Kriptovalut\u00e1k \u00e9s Jap\u00e1n ad\u00f3ss\u00e1ga #separator_sa #site_title","meta_description":"Jap\u00e1nt ad\u00f3ss\u00e1gv\u00e1ls\u00e1g fenyegeti a magas ad\u00f3ss\u00e1g\u00e1llom\u00e1ny, az \u2013 figyelmeztetnek az k\u00f6zgazd\u00e1szok. A lehets\u00e9ges hat\u00e1sok a piacot \u00e9s a kriptovalut\u00e1kat is \u00e9rinthetik.","focus_keyword":"Kriptovalut\u00e1k"},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/posts\/50573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/comments?post=50573"}],"version-history":[{"count":3,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/posts\/50573\/revisions"}],"predecessor-version":[{"id":50583,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/posts\/50573\/revisions\/50583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/media\/50545"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/media?parent=50573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/categories?post=50573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/hu\/wp-json\/wp\/v2\/tags?post=50573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}