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The Color of Money

Black Banks and the Racial Wealth Gap
Summary:

The book examines the history of black banking in the United States and its impact on the racial wealth gap, arguing that these institutions have been unable to overcome the systemic barriers faced by African Americans. It explores the interplay between government policies, economic practices, and institutional racism that have perpetuated inequality and hindered the economic progress of the black community.

Key points:

1. Racial Wealth Gap: The book discusses the ongoing wealth disparity between white and black Americans due to systemic racism and discrimination.

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