Asian Americans are conventionally described as “middle-man minorities,” outside of dominant racial paradigms of White and Black, adjunct to White privilege and exempt from the brunt of systemic violence directed against Black people. Historical accounts of the in-betweenness of Asian Americans trace their origins to how Asian coolie labor has served to triangulate White capital and African slavery over the course of European modernity. If this is the material history of in-betweenness, what is the psychic corollary of the middle-man thesis? Through an analysis of the Netflix dark comedy series Beef, as well as case histories of Asian American patients and students, we argue that the psychic effects of occupying a racially intermediate position implicate an unexplored terrain of racial rage and racial guilt that Asian Americans are insistently socialized to hold on behalf of others.