While my parents own luxury cars, designer bags and shoes, excessive jewelry, and other depreciating assets, I can't name a single asset they have purchased. They, like many other Black Americans, 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 big spenders. In his song, New Slaves, Kanye West calls this "rich nigga racism." In this song, which is about institutionalized racism in general, Kanye West discusses how we as a race have been stereotyped and characterized; “And that's rich black racism. This one that “come in, please buy more”. What do you want, a Bentley? Fur? A diamond