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951: Friday Q&A: Working in Dubai, Learning French, Early Retirement, Die with Zero, Argentina Hyperinflation, etc.

Radical Personal Finance

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The Importance of Decentralization

In terms of overall organizational structure, I would say that we should only impose structure where it's truly and genuinely necessary. And so I think that decentralization is one of the most important principles to promote whenever possible. So this leads me to number two, right? You said, what about organizations that are there for insurance purposes? I'll answer that first. We do it too much. Why go and get an organization and have insurance if we can just do it as individuals? Because it creates so much problems.

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