Decline of the Dollar
Last year at Purim, the US dollar was worth nearly 4.50 NIS (new Israel Shekels). This year, it's worth 3.39. That's a whopping 25% decline in one year.
Israelis with greenback-dollar savings have been taking a beating on paper. In search of advice as to whether to dump for a loss and salvage what they can, or to hold on to the greenbacks and pray for better days, many folks have turned to this generation's tzaddikim for advice.
Depending on the tzaddik you go to, you might get a complete opposite answer. Rav Eliezer Berland said publicly in one of his recent lessons that the dollar is degenerating fast, and by Rosh Hashonna 5769 (this coming September), it won't be worth a wooden nickel. Therefore, according to Rav Berland shlit'a. folks should dump the greenbacks while they still can.
On the other hand, the leading Sephardi Kabbalists and the Gerrer Rebbe shlit'a have told people to hold on to their dollars, because the greenback will make a big comeback.
So who do you listen to?
First of all, according to Chassidic thought, when the tzaddikim of this world are at odds with one another, it's a sign that the same debate is going on in the Heavenly Tribunal.
The historical precedent is the Napolean-Russia War of 1812. Back then, the tzaddikim were also at odds with one another. Rebbe Menachem Mendel of Rimnov wanted Napolean to win the war, because he thought that the Jews could serve Hashem much better under the French Emancipation. The Koznitzer Maggid and the Chozeh of Lublin wanted Tzarist Russia to win the war, since they thought that emancipation would be a mortal blow to the Jews, and that it would lead to a drift away from traditional Judaism. The same debate between the tzaddikim was also going on in the Heavenly Court; that's why Napolean's campaign in Russia was so bitter and bloody. In the end, the Koznitzer Maggid and the Chozeh gained the upper hand, therefore Napolean lost.
If I'm not mistaken, the same debate is going on right now in the Heavenly Tribunal. Rav Berland wants all of Israel to trust in Hashem only, to learn complete emuna, and not to depend on flesh and blood. Therefore, he wants the dollar to die, so that all of Israel will turn to Hashemn and not to the greenback. The Gerrer Rebbe and the Kabbalists think that the Jews will serve Hashem better when they they have money in their pockets, so they want the dollar to be strong. The Heavenly Court will make it's decision according to what is most beneficial to the Jews; in other words, how the Jews can best serve Hashem.
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To my dear brothers and sisters overseas - don't think that the value of the dollar abroad doesn't affect you. While the property values of Five Towns are going down and down, the property values of Ramat Bet Shemesh, Yad Binyamin, and other places in Eretz Yisrael are doubling. These are hard facts that anyone can verify.
My suggestion is that you bet on Israel and Moshiach. Trust in Hashem, and not in the dollar.










