@iamconstancecarter: The Truth About Black Spending Power They say we don’t know how to spend money. They say we’re frivolous. They say we don’t work together. But what they don’t tell you is that for 400 years, we worked for free while others got paid for the labor that built America. That unpaid labor is now valued at $97 trillion — wealth that never made it into our hands. And yet, with all odds against us, Black America now has $2 trillion in spending power — enough to rank as the 8th largest economy in the world, ahead of countries like Canada, Italy, and South Korea. So the problem isn’t that we don’t have money. It’s that only 2% of it circulates within our community, and the Black dollar only lasts 6 hours before leaving our hands. Why? Because less than 3% of the businesses in Black communities are Black-owned. It’s not that we don’t want to support each other — it’s that we don’t have enough Black businesses to support. But here’s the truth: We have the power to change that. When we build, when we buy Black, when we pour into each other — we create the foundation for generational wealth. They predict that Black median wealth will hit zero by 2053… but I don’t believe that. Because we have the great equalizer: the Internet, AI, and each other. We are the next wave of creators, builders, and innovators. We built America once — and we’re going to build our own again. 🖤 ⸻ ✊🏽 #BlackHistorySpotlight #BlackWealth #BuyBlack #CirculateTheBlackDollar #BlackExcellence

Constance Carter

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Region: US

Monday 20 October 2025 14:06:33 GMT