Stash celebrates Asian American and Pacific Islander Heritage Month.

Social Media Sources

How Income Inequality Affects Black People In America

  1. Federal reserve distributional financial accounts: https://www.federalreserve.gov/releases/z1/dataviz/dfa/ (Tweet/Slide 1)
  2. Urban Institute 2017: https://apps.urban.org/features/wealth-inequality-charts/ (Tweet/Slide 2)
  3. Economic Policy Institute: https://www.epi.org/blog/black-workers-have-made-no-progress-in-closing-earnings-gaps-with-white-men-since-2000/ (Tweet/Slide 2)
  4. Economic Policy Institute: https://www.epi.org/publication/african-americans-are-paid-less-than-whites-at-every-education-level/ (Tweet/Slide 3)
  5. Tracy Jan, “It can cost more for a checking account if you’re black or Latino, study says,” Washington Post, June 21, 2018, washingtonpost.com. https://www.washingtonpost.com/news/wonk/wp/2018/06/21/it-can-cost-more-for-a-checking-account-if-youre-black-or-latino-study-says/ (Tweet/Slide 4)
  6. Gerald Apaam et al., “2017 FDIC national survey of unbanked and underbanked households,” US Federal Deposit Insurance Corporation, October 2018, fdic.gov. https://www.fdic.gov/householdsurvey/2017/2017report.pdf (Tweet/Slide 5)
  7. Brookings Institute: https://www.brookings.edu/research/banking-on-wealth-americas-new-retail-banking-infrastructure-and-its-wealth-building-potential/ (Tweet/Slide 6)

An (incomplete) tweet-sized history of Black finance in America

  1. https://www.nationalgeographic.com/news/2003/1/how-slavery-helped-build-a-world-economy/#close
  2. https://oyc.yale.edu/history/hist-119
  3. https://www.pbs.org/wnet/african-americans-many-rivers-to-cross/history/the-truth-behind-40-acres-and-a-mule/ 
  4. https://www.history.com/topics/american-civil-war/black-leaders-during-reconstruction
  5. https://www.history.com/topics/american-civil-war/reconstruction
  6. https://www.history.com/topics/roaring-twenties/tulsa-race-massacre
  7. https://www.theatlantic.com/sponsored/hbo-2019/the-massacre-of-black-wall-street/3217/ 
  8. https://news.harvard.edu/gazette/story/2020/06/the-1921-tulsa-race-massacre-and-its-enduring-financial-fallout/
  9. https://www.washingtonpost.com/news/wonk/wp/2018/03/28/redlining-was-banned-50-years-ago-its-still-hurting-minorities-today/
  10. https://www.history.com/news/gi-bill-black-wwii-veterans-benefits
  11. https://www.history.com/topics/black-history/civil-rights-movement#:~:text=The%20civil%20rights%20movement%20was%20an%20organized%20effort%20by%20black,laws%20to%20…read%20more
  12. https://www.washingtonpost.com/business/2020/06/04/economic-divide-black-households/