[Avodah] money and halakhah
Zev Sero
zev at sero.name
Fri Jul 25 03:18:52 PDT 2008
Yitzhak Grossman wrote:
> Hasam Sofer (YD 134) clearly says that 'banknotes' derive their value
> from government fiat, not from their convertibility into metal, from
> which he infers that they are in the Halachic category of 'matbea' as
> opposed to 'shtaros'.
>
> He proves his contention that their value derives from government fiat
> by pointing out that their assigned value is sometimes greater than
> purely economic considerations, based on their convertibility, would
> dictate.
But, IIRC (and it's been about 20 years since I saw it inside) he says
this only applies bein adam lachavero, not bein adam lamakom. And
therefore that for pidyon haben, which is bein adam lamakom, it doesn't
work.
--
Zev Sero Something has gone seriously awry with this Court's
zev at sero.name interpretation of the Constitution.
- Clarence Thomas
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