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The Basics of Money

Filed Under (Articles) by admin on 06-06-2006

What is Money?
The answer to the question is simple. Money is anything widely used for paying debts owed by a person to someone else and also for receiving the payments of debts owing to a person from someone else. A country produces coins and banknotes, (accepted by everyone) for the payment of bills and for the receipt of money owing.

Money is what is known as a “medium of exchange”.
In the “old days” people traded the goods and services they owned (and probably produced) for goods and services owned by others (probably produced by them). The scenario went something like this - “you give me two sacks of your potatoes and I will trade you ten of my fish”.

This method of trading was fine for a while. As society developed, business became more cumbersome and inefficient with this method of trade. Business dealings became stilted and slow and lagged behind the new pace of commerce. There had to be a better way. Some bright spark then came up with the idea of a common “medium of exchange” easier to carry around and better to use.

Money was born.
It wasn’t that simple, because while all sorts of things were used as a medium of exchange, these were all basically called “money” and it wasn’t until coins and paper notes were developed that money as we know it today became the standard accepted as a medium of exchange.

Forms of Money
There are various forms of money - cheques, IOU’s, credit cards, bank drafts or gold.

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Increase Your Training Intensity - Pre-Exhaustion

Filed Under (Articles) by admin on 06-06-2006


You can only build muscle tissue if you can generate progressively stronger muscular contractions, so this calls for an emphasis on finding ways to increase exercise intensity. This should not be confused with exercise duration as maximum training intensity will actually shorten the time needed to achieve maximal muscular growth.


In an earlier article I outlined the ways in which you can intensify your training. Here we’ll focus on the role that pre-exhaustion has to play in intensifying the training effect.


When an exercise employs two or more muscles it will be impossible to achieve failure for the primary muscle as the weakest muscle will give out first. This is perhaps best explained by giving an example. When targeting the chest, most exercises involve use of the triceps which is a relatively small and weak muscle. When performing the incline bench press for example, the triceps will fail before the pectorals have the opportunity to work to failure thus limiting the value of the exercise.


How do you get around this? By first performing an exercise that isolates and tires the pectorals before immediately moving on to the main exercise. For maximum benefits there should be no rest between the pre-exhaust exercise and the main compound exercise.


Beginners don’t need to worry about pre-exhaust routines but when they advance to intermediate level they can be introduced once a week for each body part.


Examples of pre-exhaust routines commonly performed by bodybuilders are listed below:


Biceps - barbell curls and close-grip, palms-up pulldowns.


Triceps - pressdowns and dips.


Pectorals

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Publicity - Polls and Surveys Are a Great Path Free Publicity

Filed Under (Articles) by admin on 06-06-2006

When I search Google News for “surveys,” I get nearly 50,000 results. When I search for “stocks,” I get about 54,000. The media love polls and surveys.

Here are just a few headlines in the news as I write this, generated directly from surveys:

Survey: CEOs cut expectations of economy
Survey: Israelis more depressed, anxious than Western Europeans
Survey shows farmers aware of soybean rust

As you can see, surveys are used for just about any industry. Why not yours?

If you’re the expert on bankers, or single parents, there’s hardly a better way to tell the media than by releasing surveys of your market group. It’s easy to do - almost all media outlets accept informal or online polling.

You don’t have to hire a research company, you can just have clients or colleagues check a few boxes on a photocopied form.

You don’t have to release a massive book of results, you can just send media people a press release highlighting the most newsworthy responses.

The general media aren’t professional journals: they don’t insist on strict statistical methodology. They just want a good story.

That said, you should never make up a result or falsely represent your data. Media folks aren’t likely to double check the information you give them, but you want to be able to present accurate, truthful results if they do.

Ned Steele works with people in professional services who want to build their practice and accelerate their growth. The president of Ned Steele’s MediaImpact, he is the author of 102 Publicity

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