Latest / SHULCHAN ARUCH YOMI: Own the Halacha in 25 minutes a day! / Yoreh De’ah 165:1-166:1. Interest: Inflation, Devalued Currency; Living For Free in a Borrower’s Property or Renting at a Discount

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Yoreh De’ah 165:1-166:1. Interest: Inflation, Devalued Currency; Living For Free in a Borrower’s Property or Renting at a Discount · SHULCHAN ARUCH YOMI: Own the Halacha in 25 minutes a day!

• 0:02
  And OK, all right, good morning. What's the name?
• 0:13
  Nissim Benima. They go by the starting to say
• 0:20
  the mother. OK, I'm out with he sold us of
• 0:29
  money. What?
• 0:29
  How do you understand the value of money?
• 0:31
  So hamalvas covero Alematbeya, someone who lends money in the
• 0:37
  scholar, let's say shekels. That's a dollars Josefa al
• 0:42
  Mishkalo, right? They were talking about metal
• 0:43
  coins. They used to be they had the
• 0:46
  dinner and they had a metal coin and they added a little bit more
• 0:49
  silver into the into the coin. So even Hoosulu haperos Mahmas
• 0:57
  if because of that, the price of used to be 4 saw of wheat was
• 1:09
  worth was worth 1 dinner. Let's say this one be let's say
• 1:14
  it's a dinner Now it's 5 now you know now now it's 5 for dinner.
• 1:21
  Mach masato safis minaculo sheer hato safis.
• 1:27
  He has to take when he pays him back, he has to you know only
• 1:30
  pay him for four He has to he has to he has to make a Cashman
• 1:36
  and take off the share of the Cephas of silver Fila Josefo
• 1:41
  love kosher. Even if they added just a little
• 1:43
  bit more still he still has to do he still has to do it being
• 1:50
  low. However, if the price of payers
• 1:54
  didn't go down Machmesel Josephus in a vernacular
• 1:58
  Illinois signal up there, then the question the question like
• 2:02
  Mara seems to discuss is how do you define the value of a coin?
• 2:07
  What's the value of money of a of a currency based on is it
• 2:11
  based on what we can buy or is it something which is which is
• 2:16
  something which is Kavua batsman.
• 2:18
  Then the the the the value of the coin is what it Yeah,
• 2:24
  though. Well, that's not as intrinsic.
• 2:27
  It's that how do you view how do you view what's the value of a
• 2:30
  coin? Is it based on what the buying
• 2:32
  power it can buy or is it or is a bit with the buying power
• 2:36
  based on the coin? So yeah, no, it's not it's not
• 2:46
  how much because how do you define what the metals were?
• 2:48
  Is money is money something as a coin, a currency, something like
• 2:54
  let's say it's it's not related to anything like they set the
• 2:58
  value of the coin. And from that we know how, you
• 3:00
  know that we view how much you can buy.
• 3:02
  That's you know, it's lotion like Murray, it's about Baker or
• 3:06
  payer seeker. What's what's the what's how do
• 3:09
  you define what the icker is? So here it's face value, you
• 3:12
  say, versus the buying value. Yeah, I guess you could say
• 3:17
  yeah, something like that face value against the you know, so
• 3:21
  the point over here. So if yeah, yes, we'll address
• 3:25
  inflation and things like that. Yeah, if who's the payers Mahmas
• 3:29
  at the surface. So if again, going back in a
• 3:30
  second, if the payers, you know, you have to you know, you can
• 3:34
  you have to buy more, you know, it it you can buy less, you
• 3:37
  know, payers, you know, for whatever.
• 3:39
  Like you know, something that when they devalue a coin, like
• 3:41
  you know, the like I think you know the you know, you know, you
• 3:45
  can buy like like 1,000,000 pesos to get you know, whatever
• 3:48
  Minaka those sheer had to suffice, I feel.
• 3:51
  Then you take out the share to sevens a few of a seafood of
• 3:54
  culture who he knows who mark was set to sevens if nothing
• 3:57
  changed any Manoculo. You don't you don't have to take
• 4:01
  off that money. You just give him the coin back
• 4:06
  and and it's fine. That's when they added to the
• 4:16
  coin. They added a little more silver
• 4:19
  until the 5th because they explain is that every back then,
• 4:25
  at least in every coin, you know, they were they weren't
• 4:28
  able to make exactly the same weight.
• 4:30
  You know, when they minted the coin is a little bit more this
• 4:33
  one a little bit more, a little bit less within a certain share
• 4:35
  of of up to a fifth people who didn't care about it.
• 4:38
  So therefore, therefore it was it was it was OK, Keep going.
• 4:43
  Shyami Chicago dial it. So hey, the yeah, I mean they
• 4:51
  used to this coin used to weigh dollar whatever whatever the
• 4:56
  measurement is, and now they added a little more silver in so
• 5:00
  now it's hay, but if they added a lot more, it's considered and
• 5:12
  he gives it back. It's ribious.
• 5:14
  I will be shalow. Who's the pairs, even though the
• 5:18
  the price of fruit, the price of of produce didn't didn't, didn't
• 5:24
  go down because that's considered already an actual to
• 5:26
  surface. But in the Malva Almatya or so
• 5:30
  too, the same idea. If they went ahead and they and
• 5:35
  they shaved off and made the weight less so then the the low
• 5:39
  just Beyoncé is mitzvah of paying back.
• 5:42
  He has to pay back a little bit more and that's not what it is
• 5:46
  now there is there is a mahogas between the it's the Maharashtam
• 5:52
  and the so the Maharana frame about like you said about the
• 5:58
  about inflation that that is there idea of Yokra Bazaal Malt
• 6:04
  Bay is the idea. This is the basic idea and
• 6:06
  although if you have to go ahead and if if not that they added
• 6:11
  weight to it, but let's say that they they do, you know, they
• 6:15
  inflated or they devalued it and you know that you know.
• 6:19
  So then do you have to make a freshman and pay that back?
• 6:23
  The marriage thumb holds. You have to go ahead and you
• 6:25
  have to you have to make a freshman and you have to pay
• 6:28
  that back. Whereas the Mac and the Fry
• 6:30
  holds other Mac and the fry holds.
• 6:32
  You don't have to you don't have to.
• 6:34
  You know, the coin is a coin here.
• 6:36
  It goes up and down. This is the set value of the
• 6:40
  coin. If they added, you know, metal
• 6:41
  to it, fine. That's something that's the
• 6:42
  show. But they didn't add metal to it.
• 6:44
  They just you know, the value of the you know, the value of the
• 6:47
  of the of the money goes up and goes down.
• 6:50
  So nothing the frame says it doesn't make a difference.
• 6:54
  You have to. You just pay the coin back and
• 6:56
  your and your and you're and you're fine.
• 7:13
  No, no, no means I borrow, I borrow a dollar, you pay me back
• 7:18
  in dollars. And in the meantime, and so OK,
• 7:21
  that's that's in the meantime, the dollar, you know, I guess in
• 7:26
  relation to the dollar goes they they, they put more dollars or
• 7:31
  something like that, then inflation goes up, you know, so,
• 7:34
  so the question is, do you have to pay back?
• 7:37
  Do you have to pay back the what, what the the rate?
• 7:39
  Do you have to Mahesh bit in inflation?
• 7:41
  And now this dollar is worth is worth less than what it was when
• 7:46
  he took, you know, five years ago when he took the loan.
• 7:48
  It's worth less. Do you have to keep that Mahesh
• 7:51
  bit? So that's the mahogis between
• 7:53
  the mahogas of running the marriage Dom and the Mahanen
• 7:56
  frame into all the buyers. But yeah, but that's that's
• 8:02
  basically that's, you know, I think, I think we're, you know,
• 8:04
  I think, you know, in general, if it comes to a shy love, I
• 8:08
  think we're making like, I think we go like the makanet fryer.
• 8:10
  I think if I'm paying back a loan, I don't think you have to
• 8:13
  make a freshman. I think that's a general
• 8:16
  meaning. But you know, but because you
• 8:20
  buy borrowed dollars, I'm paying back dollars.
• 8:22
  It's also nagata like, like Suba and things, you know, they, he
• 8:27
  got married, you know, for, you know, 30 years ago.
• 8:30
  They and you know, they put the money in dollars, dollars worth
• 8:34
  X and the, the shekel, whatever. And nowadays it's worth, it's
• 8:39
  worth a lot more, worth a lot less.
• 8:41
  So then what do you we know what, when, what do you pay the
• 8:44
  Suba based on? There's different applications
• 8:46
  to this, to this din. You know, it also gets into, you
• 8:52
  know, it gets into the Shiloh. I delve into it a lot.
• 8:55
  But here in this country, they, you know, they, they, they do
• 8:58
  loans, you know, tied to the tied to the madah, tied to
• 9:01
  inflation, which apparently most countries don't do that.
• 9:06
  And someone told me I have to banker once I said, what's the
• 9:10
  job? He said it's Yiddish, a cop.
• 9:12
  They figured out how to go ahead and make money, even if you
• 9:16
  don't have to figure out a way not to lose money, you know,
• 9:19
  whatever. So that's also how you
• 9:22
  understand that you know, is that is that is that is that
• 9:25
  something you look at or not depends on that mahogas so that
• 9:30
  you know, that's so over here, you know.
• 9:34
  So what you know, that's one of the gay la Maisa, but I'll go
• 9:37
  Panim if it's an actual to Cephas in the actual in the
• 9:41
  actual, you know, coins. That's the Sukhanar, right,
• 9:54
  Yeah, because because he's he has to pay back.
• 9:58
  It's not he right, right. It's not because he right,
• 10:01
  because he has to he has to pay. He has to pay back.
• 10:04
  Well, that's right. Yeah.
• 10:08
  I don't know. I don't know.
• 10:10
  I don't know. Yeah, yeah, yeah.
• 10:18
  It's a pen. You know, whatever the question
• 10:27
  is. What about in the case where
• 10:29
  they were the coin like they had here and there and there it's as
• 10:33
  well, you know, was it 4050 years or whatever it was?
• 10:36
  They had liras and then they were moved out to the lira and
• 10:40
  they made a shekel and a new shekel.
• 10:43
  Whatever it was. It's like I know a story of
• 10:45
  someone they they got a, they got a mortgage.
• 10:48
  It was shortly before in liras. It was right before they, you
• 10:52
  know, right before the, they, they devalued it.
• 10:55
  And so they went to the bank and the bankers were laughing
• 10:58
  because in the end they only have to pay like they came out
• 11:02
  nothing for the, for his, for his mortgage, but Alpha Pani.
• 11:09
  And so let's say it was, it was, it was Nisalah.
• 11:11
  So that's a whole discussion about what you have to pay back
• 11:14
  and who's or pedos, Mathasamat Baya Khadasha and if they minted
• 11:20
  a new coin and the currency and the payers because of that, you
• 11:26
  know, they, they, they go down in price.
• 11:28
  So see for Olaha and they didn't add the you know, they didn't,
• 11:32
  they didn't make raise the prices or anything notes in
• 11:34
  them. Then you just have to pay him.
• 11:38
  You just have to, you know, pay him and you're in the clear.
• 11:43
  Now. If it changed the value of
• 11:45
  payers and suddenly everything was worth a different amount.
• 11:48
  So then you have to fetch with it.
• 11:49
  But they just changed the name of the coin lira to shekel and
• 11:53
  then you know, everything would have stayed the same.
• 11:55
  So then then then you don't have to worry about it if if it
• 12:03
  doesn't, if the if the relative value doesn't change to other
• 12:07
  things. If it does, then you have to no,
• 12:11
  it's his penis Hoselu. If if he can't buy, he used to
• 12:15
  be able to buy, you know, 5 apples for this lira.
• 12:18
  Now you can only buy 2 and that's the difference.
• 12:21
  But if he had the same thing, you can just buy 5 apples.
• 12:23
  It just changed the name. So it doesn't make a just
• 12:25
  because the guy says no, I don't want the lira.
• 12:27
  It doesn't make a difference. You can pay him pay him in
• 12:29
  shekels or you know, also they can still question here if they
• 12:33
  say here and most in America doesn't happen.
• 12:35
  But here they changed bills here and there at a certain point
• 12:39
  they don't let you use the old bills.
• 12:42
  Question is, is that like a 50? They changed to 50.
• 12:45
  I think I still have an old, old 50.
• 12:47
  You know, you have to go to Bank of Sero.
• 12:48
  That's exchange of the question is, is that, you know, if you
• 12:53
  can you give that money back or not?
• 12:55
  You know, it'll be the same similar type of Shiloh.
• 12:59
  It's more Khushchev, but it's also to get to Rivas.
• 13:02
  Also, my bear had actually done it with Stifel in Pursue Komesh.
• 13:06
  Let's say they added they made a new coin and they added added
• 13:10
  miss added silver into it. And you don't know if it's more
• 13:13
  or less. You don't have a scale.
• 13:14
  So I'm here now only of the you can you can rely on the on the
• 13:20
  you know, on the economists, on the on the rates.
• 13:23
  They put out that that you can rely on the all the rates and
• 13:27
  the currencies and things or whatever.
• 13:28
  You can rely on that the bikini and seeking the fituman.
• 13:33
  They're just telling you the rates and you can rely on the
• 13:35
  fact and rely on this factor. There no mondos or yeah, call us
• 13:39
  a muni malka or you have the you know, the banks you can rely on
• 13:43
  what they say the the rates are the in Gaza, Hamela shikomi Shi
• 13:47
  Yifra, Yifra Berhadasha. Let's say this is this is just
• 13:52
  you know, in the markets they added, they had a coin and they
• 13:55
  had and it was a silver coin. All the markets, the
• 13:58
  businessman, whatever they they added a little bit, you know the
• 14:01
  banks added a bit of silver into it or changed it whatever.
• 14:04
  However, if it's a law and the president of the country and
• 14:07
  they made a law, you have to use the numat baya Hokharak, who's
• 14:11
  there Samela, the Dino Michael Sadina.
• 14:12
  It doesn't make a difference if the payers for who's or not.
• 14:16
  If the if the if the government said OK, this is the new
• 14:21
  currency, this is what you have to use.
• 14:22
  So then you pay him back in the new currency.
• 14:25
  The aim is that mission ribbits. Let me show him it's a gazzo.
• 14:28
  There's no ribbits or gazzo. I'm pushing mission.
• 14:31
  So my Dollard, because we say the Dina, the Mukul Sadina that
• 14:36
  so the question the Shah has I in in in, you know, Hoshimishva,
• 14:41
  there's a discussion as I'm focusing on it was difficult.
• 14:43
  Sadina, does it apply to jet to general like all general issues,
• 14:47
  or does it just apply to things which are which concern the
• 14:51
  government, like taxes and and and and and and price of land
• 14:57
  and things like that? Or were they able to just take
• 14:59
  over land things like that? Or does it apply to to other
• 15:03
  things as well? So the Shah says that he brings
• 15:08
  brings as well safer Truman who say that that that of course it
• 15:13
  you know, this thing it applied because money is also it's just
• 15:18
  it's just similar to idea of Karka of the money is a basic
• 15:22
  currency is a basic, you know, basic thing is Simon of a
• 15:26
  government, Simon of you know, the you know, the economy.
• 15:31
  So therefore it is whether people if people start using the
• 15:34
  new coin that supports the government.
• 15:36
  So therefore that is a basic that's a basic right of the king
• 15:40
  or right of the government. So you yes, you follow this
• 15:43
  Adidas even going to that cheetah, the Dina law who said
• 15:46
  doesn't apply by by you know other things.
• 15:53
  You know shaman again into what other things are so therefore,
• 15:59
  therefore it would still apply. It would still apply over here.
• 16:02
  All right, Kusamakhvov, Amalva, Escavero, some of the lenses
• 16:12
  then lens someone else's money, Loyasa Malaka.
• 16:14
  But after it, he can't just take his, the guys have it.
• 16:18
  And do Malaka feel who buckle? Even if he's like sitting, you
• 16:22
  know, sitting on his phone or whatever nowadays reading a
• 16:26
  book, whatever he's doing, he can't just take him and make him
• 16:29
  work. So well, why could he in the 1st
• 16:31
  place? So like where it says, because
• 16:34
  someone who's not marvelous, someone who's not a marvel can,
• 16:37
  if you see someone's evidence sitting around, you know, both
• 16:41
  told that he it's, it's important that the the the
• 16:44
  funding don't get, you know, don't get lazy, so to speak, and
• 16:48
  just sit around because, you know, because it creates they
• 16:51
  have to do whatever jobs are supposed to do, even if the jobs
• 16:55
  aren't like major labour, but they have to be, you know, do
• 16:59
  what they need to do. So he's allowed to for the good
• 17:04
  of the although he's allowed to force the avid to go ahead and
• 17:08
  wash his floors. I don't know.
• 17:09
  Whatever it is, it's a it's a good thing.
• 17:13
  So, but if he's a Malvet, then then it's awesome for him to do
• 17:16
  that because it's because then he's getting extra Hana from the
• 17:20
  loyvid. It's it's it's massacre.
• 17:23
  It's whatever it is, though, Yidor, even though, even though
• 17:26
  it's something he would have done anyway, the shock rings
• 17:29
  here. So even if something a person
• 17:31
  would do anyway, he's a Gabi and a shul and he would go ahead,
• 17:35
  but he, he lent this guy money and, and it's very clear that if
• 17:42
  he just has a list, there's a cycle 5.
• 17:44
  It's very clear the next, you know, the next week he gives him
• 17:47
  Shishi, he gives him something that just for Hestia, obviously
• 17:50
  it's, it's something which he's having him, you know, extra or,
• 17:55
  or something like that. And you know, even though the
• 17:58
  guy by thinks, you know, that he would give it to him anyway
• 18:01
  because why not, since it's something which is public and
• 18:04
  people might think it's because he lent him money as many people
• 18:07
  knew about the people don't know about the loan.
• 18:08
  Who cares As many people knew that he lent him money and then
• 18:11
  he's calling him up. So then it's also an issue below
• 18:17
  Yidor Berhatsero Kridam and he can't tell here, stay in my
• 18:21
  house, you know, for free. Below yistor made of apachos,
• 18:26
  nor can he, you know, give a give a discount if he's renting
• 18:29
  Lafila bechozzer de Lochaimer la Agra even in a in a hot Sir.
• 18:34
  That's not that's not that you don't usually rent out Pirosheno
• 18:40
  Medici stalker right. They said stay in there for
• 18:43
  free. It's it's what what a little
• 18:46
  chimer la Agra is someplace he doesn't he doesn't rent.
• 18:49
  It's not some say it means it's not only he can't rent it out
• 18:52
  right now and some say but he you know, if he could, then it
• 18:55
  doesn't apply. Some say he's just not renting
• 18:56
  it out. Now you know, it's not it's his
• 18:59
  own house. He's not renting his own house
• 19:00
  out If a guy for the little oven to make or you're not talking
• 19:04
  about someone who's looking for a hotel or you know, or he's a
• 19:08
  renter. He has his own house.
• 19:10
  He just says he's coming for shop and just stay in my house
• 19:12
  for shops. The Indar boat far, but if he's
• 19:16
  already living there and he lends him money, keeping the
• 19:18
  Hudson, the little Carmela Agra, since the Hudson, which is not,
• 19:23
  you know, something. Also, look, someone would go
• 19:26
  ahead and just squat, so to speak, in someone's property,
• 19:29
  which is not kind of Agra, right?
• 19:31
  I go on a nice farm on the field and the barn.
• 19:34
  I don't know whatever it is, he doesn't, he doesn't have to pay
• 19:37
  money. He's not being Mahasir Zen.
• 19:41
  Then there's a little hustler. He's not being Mahasir the
• 19:44
  person any money so do over here.
• 19:47
  It's not you know if it's it's so we said by Ribis, even though
• 19:51
  it's he's not being Bahasa her money and he's not whatever, but
• 19:55
  I'll component for Ribis. It would be awesome in dark, but
• 19:58
  he's already living there human. The hotel of Carmela Agra ain't.
• 20:03
  He doesn't have to pay, he still doesn't have to pay him anything
• 20:05
  if he loves to see the shamayim, even though since the shamayim
• 20:09
  he doesn't have to pay him anything if he'll grab her the
• 20:12
  oven, the magar, and even if he usually rents out.
• 20:14
  So therefore he's getting hung off from the fact that he's
• 20:17
  sleeping in the guy's barn or he's staying.
• 20:20
  You know, usually he rents out for Shabbos, but they let OK,
• 20:23
  come stay stay in my house. Then he's parked or roll around
• 20:29
  bomb a fellow in governor of in the Magar, even as someone who
• 20:33
  doesn't usually rent have the evac ribis because the mice that
• 20:37
  he's getting he's getting the mouse is getting extra.
• 20:40
  It's evac ribis. It's arful hacks here.
• 20:43
  If he then the vac ribis, he has to be mapped 0.
• 20:47
  He'll also see the shamani. He has to be maxing the money.
• 20:49
  So therefore he would have to pay him for the top three.
• 20:52
  He'd have to pay him for for the time that he's staying there.
• 20:57
  But because of the kaimura Agra hobby of Akrabis or a culture
• 21:01
  which should be rented out adequate cool yamas of Akrabis.
• 21:06
  Because if a person stays there without someone's veshos and
• 21:12
  that's Zen and it is a Hulser Zen and it is a Hulser.
• 21:16
  But if he's then there, if the guy is then there from from, you
• 21:21
  know, from someone else's property, it's the dinner for
• 21:23
  sure, Mishpa. If someone's if someone gets
• 21:26
  Hana out of someone's someone else's property, then then he's
• 21:31
  hired to pay him. It doesn't make a difference
• 21:33
  Swap. He can't just, you know, squat.
• 21:35
  He can't just like you know, you know, sneak into someone's.
• 21:37
  You know, someone's a hotel, sneak into a hotel room and stay
• 21:41
  there. You know, without, you know, he
• 21:44
  would have to pay him afterwards because of the denim Nana and
• 21:49
  some, you know, some say Koshikane, if he's some say he
• 21:53
  has to be that he's also has to him, it has to be someone stays
• 21:56
  in someone's house and says that his fact that he stays there
• 21:59
  makes it a little bit dirtier. So therefore that's a little
• 22:02
  he's sorrow. Therefore he has to pay.
• 22:05
  But in a case where where it's at, he has absolutely zero, he's
• 22:08
  sorrow and he's not in a house and say in his barn or whatever
• 22:11
  it is. So then, you know, if he rents
• 22:14
  out something, he has to rent out his barn, but whatever, then
• 22:19
  he wouldn't, he wouldn't have to pay.
• 22:21
  But then him stop here.