While my parents own luxury cars, designer bags and shoes, excess jewelry and other depreciated products, I do not can't name a single asset they purchased. Like many other black Americans, they suffer from economic misdirection. There is absolutely nothing wrong with being a consumer. However, we purchase things that satisfy our need to overcome the oppression we have faced throughout history, without any consideration for the financial needs of future generations. We buy things that we believe give us status today, and these things we buy provide no future economic support for generations to come. As rapper J. Cole said in his song Chaining Day: "I don't have an investment portfolio, but my black and white diamonds shine like an Oreo." » Our materialism celebrates the idea that we should live for the glory of the moment. As a result, the community becomes poorer and fewer dollars circulate in our own community, while other communities become richer thanks to our purchasing power. As a result, we are stereotyped by other communities as being big spenders. In his song New Slaves, Kanye West calls this “rich nigga racism.” In this song, which is generally about institutionalized racism, Kanye West discusses how we, as a race, have been stereotyped and characterized; “And it’s rich nigga racism.” This that “please come in, buy more.” What do you want, a Bentley? A fur coat? A diamond