Kind of mind-boggling when it’s coming from an economist!
Then by 2014, that number had ballooned to roughly $4.5 billion for the year […] According to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses.
This means that the police are now taking more assets than the criminals.
Source: Police Civil Asset Forfeitures Exceed All Burglaries in 2014 | Armstrong Economics