The Essence of Money in Halacha | Shiur by Rav Asher Weiss Shlit''a

What’s said in this shiur

The opening of this shiur, in Rabbi Asher Weiss’s own words — taken from the captions, so names and Hebrew terms may be approximate.

today's is not about the essence of a service it is about the essence of money what is money so many people in the world really know what is the essence of money but we're not going to deal about tavas betsah but from the point of view of how do we define money and the local is how do we relate to inflation or deflation to inflation or deflation so because our precious younger light didn't go to university and they didn't learn about the business or about money i need just to give a short and brief introduction market forces so inflation means when the value of money goes down and if a year ago for a dollar you could buy for a dollar you could buy 10 pounds of tomatoes now it's been ages since i bought anything so don't laugh at me i don't know what but whatever it is inflation means a year ago you could buy ten pounds of uh tomatoes for ten dollars and today those same ten dollars will only fetch you five pounds that's inflation when the worth of money goes down and the worth or the price of goods and the worth or the price of goods and services goes up deflation is the opposite if a year ago i could buy five pounds of tomatoes for ten dollars those same ten dollars give me ten pounds of of tomatoes so is money did money depreciate or went up or went down that is inflation is when money goes down and the worth of goods i say goods and services because that is what

Jump to a moment

1. 0:00today's is not about the essence of a service it is about the essence of money…
2. 6:08but 110 or 105 or 120 or 3000 it depends on the level of inflation and…
3. 12:29and their presentation seminar based seminar in dallas says that's money is money and if you…
4. 18:45so there was a massive in which one with baya increases or decreases compared to other…
5. 25:14but friend of this commodore it is clear that if we're dealing with money it's not…
6. 31:46that the worth of money is the buying power the purchasing power and therefore yes he…
7. 37:58in the days of your when money did have intrinsic value can we say but money…
8. 44:21in ghazal yeah so if we're by river is by inflation we're running into schedule you're…
9. 51:01but if this is the onion that's what we agreed upon if we're saying that money…
10. 57:13and then they started using mamarina or czechs because metals are very heavy and when you…

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