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Lecture 01: Why Study Public Finance?

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Lecture 01: Why Study Public Finance?



MIT 14.41, Public Finance and Public Policy, Fall 2024
Instructor: Prof. Jonathan Gruber
View the complete course: https://ocw.mit.edu/courses/14-41-public-finance-and-public-policy-fall-2024/
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62KS2YhlASvGBxxL8HgB11p

In this lecture Prof. Gruber discusses the importance of studying public finance, which is the role of the government in the economy. When should the government intervene? How should the government intervene? What is the effect of those interventions?

License: Creative Commons BY-NC-SA
More information at https://ocw.mit.edu/terms
More courses at https://ocw.mit.edu
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We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.

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The Financial Game Has Changed #shorts #finance #genz

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The Financial Game Has Changed #shorts #finance #genz



Our parents’ advice was good for them in their lifetime. However, the rules have changed, and we need to change with them.

#callofduty #gaming #life

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Financial Markets: Markets Rise on Iran Negotiation Breakdown; Ira Epstein’s Video for 4-12-2026

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Financial Markets: Markets Rise on Iran Negotiation Breakdown; Ira Epstein's Video for 4-12-2026



Ira Epstein discusses the recent diplomatic efforts involving JD Vance and Iran, highlighting the complexities and challenges faced during negotiations. He explains that despite Iran’s demands for war reparations and the right to enrich uranium, the talks did not lead to a resolution, with Vance ultimately leaving the negotiations. Epstein also touches on the broader geopolitical implications, including potential military actions and the strategic positioning of U.S. forces in the region. He emphasizes the importance of these developments for financial markets and the potential impact on global stability.

For more information and access to Ira’s free offers for futures traders, visit https://www.iraepstein.com.

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The Dollar, Oil Power Shift & Financial Reset: What’s Changing Now?

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The Dollar, Oil Power Shift & Financial Reset: What’s Changing Now?



In this discussion, John Michael Chambers breaks down the historical relationship between the U.S. dollar and Saudi Arabia’s oil agreements, explaining how this alliance helped solidify the power of the Federal Reserve and Wall Street for decades. He highlights how the petrodollar system reinforced global demand for the U.S. dollar and shaped the modern financial landscape.

Chambers also explores how President Donald Trump challenged this dynamic by pressuring global partners to purchase American oil, signaling a shift in energy and economic strategy. According to Chambers, this move marked a turning point in how financial and geopolitical power is distributed.

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Finance With Sharan Reveals His Networth, Salary & Full Portfolio For The 1st Time | The Crore Club

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Finance With Sharan Reveals His Networth, Salary & Full Portfolio For The 1st Time | The Crore Club



Download 1% Club app – https://bitly.onepercentclub.io/app-download

For the first time ever, Sharan Hegde, aka Finance with Sharan, founder of The 1% Club sits down with Shreya Hegde to reveal his actual net worth, full portfolio breakdown, and the most he’s ever made in a single year.

All real numbers.

We also get into his worst investment, what talking to billionaires actually changed about how he thinks about money, and why he’s paying crazy rent in Mumbai while teaching financial discipline
.
If you’ve followed Finance with Sharan for years and always wondered what his money actually looks like — this is that episode.

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———————-

Timestamps:
0:00 – Highlights
0:44 – Intro
1:32 – What is Sharan’s net worth?
2:19 – The age Sharan made his first crore
3:27 – Sharan’s full asset allocation revealed
4:04 – His commercial real estate investment explained
5:08 – Breakdown of Sharan’s mutual fund returns
9:17 – The most money Sharan has made in a single year
10:07 – Why Sharan pays crazy rent in Mumbai
12:00 – What the 1% Club is becoming next
13:15 – Sharan’s worst investment & how much he actually lost
14:43 – What Sharan learned from billionaires that nobody expects
16:23 – How young Indians can become crorepatis in the AI world
18:20 – Where to start with AI to build real wealth
19:14 – Rapid fire

————
Subscribe:

1% Club:
YouTube: https://www.youtube.com/ ⁨@onepercentclub12⁩
Instagram: https://www.instagram.com/onepercentclub/
LinkedIn: https://www.linkedin.com/school/the-1-clubfws

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Shreya Hegde:
Instagram: https://www.instagram.com/shreyahegde/
LinkedIn: https://www.linkedin.com/in/shreyahegde/

Sharan Hegde:
Instagram: https://www.instagram.com/financewithsharan/
Youtube: www.youtube.com/ ⁨@financewithsharan⁩
Linkedin: https://in.linkedin.com/in/sharanhegde95

——-

#FinanceWithSharan #SharanHegde #TheCroreClub #NetWorthRevealed #PersonalFinanceIndia #1%Club #IndianFinance #WealthBuilding #PortfolioReveal #FinancialFreedomIndia #Crorepati #IndianInvestor #MutualFunds #StockMarketIndia #FinTok

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Never Keep Your Money In Piggy Banks!

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Never Keep Your Money In Piggy Banks!



This is why piggy banks are really bad place to store your money

#usa

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Ripple XRP EMERGENCY THEYRE TRYING TO TRICK YOU!

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Ripple XRP EMERGENCY THEYRE TRYING TO TRICK YOU!



Ripple XRP Emergency Theyre Trying To Trick You
Stay Updated With My NFT Project!
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Buy XRP From Uphold (zero fees)
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You really CAN change him!#money #finance #dating #goals #relationships

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You really CAN change him!#money #finance #dating #goals #relationships



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Johnny Gill Shares Mom’s Transition: Finding Peace After Financial Ruin

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Johnny Gill Shares Mom's Transition: Finding Peace After Financial Ruin



Johnny Gill On Facing bankruptcy was a dark period, but it led to immense growth. The greatest blessing? Knowing my mom was at peace, knowing her sons were cared for. Having the resources to provide the best for her during her illness brought a peace that money can’t buy. #JohnnyGill #willied #williedlive #fblifestyle #Resilience #FamilyLove #Gratitude #OvercomingAdversity #PeaceOfMind

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Steve Keen – Bitcoin Will Go To Zero

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Steve Keen - Bitcoin Will Go To Zero



Steve Keen argues that Bitcoin’s security model comes with a long term tradeoff, as the network relies on high energy consumption to remain secure, making it extremely difficult to attack.

But that same feature, in his view, creates a structural risk as global pressure increases to reduce energy usage.

His argument is not about short term price movements, but long term sustainability, because the very mechanism that makes Bitcoin secure today could become its biggest constraint in the future.
.
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This video contains short excerpts from publicly available podcasts used for commentary, educational, and motivational purposes. The content has been significantly transformed through editing, added subtitles, music, visual effects, and contextual presentation to create new value and meaning.

Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.

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All rights and credit belong to their respective owners. No ownership is claimed over third-party content. If you are the rightful copyright owner and have any concerns, please contact us directly for resolution.

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Abandoned Hospital With Everything Left Behind After Financial Collapse

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Abandoned Hospital With Everything Left Behind After Financial Collapse



Problems for this now abandoned hospital initially surfaced back in 2018 when officials announced that they were experiencing financial turmoil. Back then, the hospital which had been in operation for over 80 years, had been quietly sold to an another company, which was all part of a desperate act to try and save the hospital from permanently closing. By the following year in 2019, the majority of the hospital staff realized that big trouble was on the horizon when staff layoffs started coming in. Officials admitted that yes, they are cutting some their staff, but at the same time, they vowed not to close the doors. Amidst the hospital’s financial turmoil, reports of unpaid water and electricity bills suddenly began to stack up. When hospital officials tried to get in contact with their new parent company that purchased the ill-fated hospital just one year prior, messages went unanswered and phones numbers were now suddenly disconnected. 
For months, nurses spent their own money to buy supplies for the emergency room or buy meals for patients who were hungry after the hospital had run out of food. They had all hoped that this was only temporary, however, little did the staff know that their income would soon be greatly affected as paychecks began to be delayed and in some cases, not given at all. It was at this point, that many of the hospital staff learned the cold hard facts and that the new owners had been hiding a dark secret.  
The truth was the hospital was in deep financial trouble, as they had lost all federal and state funding dollars including both Medicare and Medicaid, inevitably sealing their certain doom, which unfortunately happened just weeks later. 
Adding to the shock of the closing, and to pour salt on already open wounds, the hospital owners then failed to send the employees income tax withholdings to the IRS, which meant that many of the employees were now being audited by the federal government and had serious roadblocks when trying to apply for unemployment benefits. The shady hospital owners even tried to blame their money woes on a mistake when they switched to a new electronic billing service last year that resulted in a backlog of unpaid claims, but the people knew better. 
The hospital officially closed in 2019 due to a combination of factors, but the primary reasons were the ongoing financial struggles, especially the loss of the all too vital federal funding. The hospital faced increasing mounting debt, resulting in serious struggles to even pay their monthly bills and biweekly payroll. The major blow being the loss of the Medicare and Medicaid dollars, which accounted for a significant portion of the hospital’s overall revenue stream. The hospital’s state and federal funding was eventually suspended after they failed to meet the compliance requirements, including major issues with owing vendors over $4 million, and withholding their employees taxes, as we mentioned above. 
Perhaps the saddest part to the story is that this hospital was located in one of the state’s poorest counties and now that it’s only hospital has permanently closed, people in need of medical care now have to drive nearly an hour away to find the next nearest hospital. 
As of 2026, the old hospital continues to sit abandoned as it slowly deteriorates while awaiting another chance at life.
We can only hope that this entire situation can serve as a learning lesson for the future of all medical care in America. And that’s going to take us to the end of today’s video on the abandoned hospital that closed after not paying their staff or their bills, leading to bankruptcy. We hope that everyone enjoyed this video and if you did, make sure you leave us a comment, like the video, share the video, and most importantly subscribe to Abandoned Central on YouTube so you don’t miss any of our videos. Thank you for all the support!

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