Black Wealth Could Hit Zero by 2053: The Truth About The Black Wealth Gap

Why is Black wealth projected to hit zero by 2053? In this episode of The Blessed Code™️, host Melvin Rodriguez sits down with Dr. Reverend Charlie Dates and Ross Mac to uncover the deep-rooted generational trauma that has shaped the Black community’s relationship with money, banks, and investing.

From the collapse of the Freedman’s Bank to modern-day underinvestment, they unpack why so many still distrust financial systems — and how that mistrust has left the Black community underbanked, underinvested, and dangerously behind in wealth building.

If you’ve ever wondered:

• Why generational trauma impacts financial decisions today

• How the Black church can lead economic change

• Why investing is essential to closing the wealth gap

• What must happen to secure Black wealth for future generations

…this conversation is for you.

💬 Timestamps:

0:00 Introduction

0:15 The history of the Freedman’s Bank and mistrust in banking

0:56 Generational trauma and the Black wealth gap

2:55 Why the Black church must lead economic education

5:18 Building wealth by starting with our youth

📲 Stay connected & follow us:

▶️ The Blessed Code™️ Podcast – @theblessedcode

▶️ Melvin Rodriguez – @themelvinrodriguez▶️ Stay Blessed Studios – @stayblessedstudio🌐 Explore more at Stay Blessed Studio – stayblessedstudio.com

🔥 Don’t forget to LIKE, SHARE & SUBSCRIBE 🔥 If this episode spoke to you, be sure to leave a review, share it with someone who needs to hear it, and subscribe so you never miss an episode.

🔑 The story must be told™️ Stay blessed, stay grounded, and keep unlocking your code.

The Blessed Code™️ is produced by EPYC Media Network