It's not a debate...
It's a fact. Black people do not have a financial literacy problem.
As explained here...
https://files.stlouisfed.org/files/...ancial-literacy-and-the-racial-wealth-gap.pdf
Black people suffer from systemic wealth deprivation by government policies that benefitted Whites but not descendants of slaves
Black people were slaves...and had wealth stolen from them...
White people were given wealth...
White people inherit Wealth
Black people don't...
Other groups like African immigrants, Latinos and Asians were never slaves...therefore they don't have a legacy, an entire bloodline that were slaves and prevented from building...
Black people don't have a financial problem...
We have a political and economic problem given our legacy as slaves and an underclass...
There's no amount of "financial literacy" that can change that. Wealth builds wealth. Money makes money. Capital makes capital.
You don't start at 0 and become wealthy.