When done properly, a government system of checks and balances far outpaces private fraud detection…

Your citation is an interpretation of raw data done by a leftist agitprop site. I don’t trust agitprop sites of either flavor. So, I can’t agree with that sentence without running the numbers myself. The first paragraph on this page states the problem quite well.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store