Do Reformed Protestants and Roman Catholics understand grace differently?

Summary

The sermon contrasts medieval Catholic theology's view of grace as a substance dispensed through sacraments with the Reformation's understanding that grace is found in the person of Jesus Christ. Key figures like Luther and Calvin recognized that grace isn't a commodity, but Christ Himself, leading to immediate justification through faith. The takeaway is that we receive God's grace directly through faith in Jesus, not through sacramental rituals alone.