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The over inflated sense of self obtained soley by people living in the inner city or other "ghetto" areas. This can also be used to describe the unusual way long-term drug addicts walk and/or present them selves. Also can be used to describe any resident of the city of Fall River, Ma.
"Every time I go into the city, I see nothing but single mothers and minorities with mad crack swag"!
Crack swag is the attitude one possesses when hustling drugs, or for drug money. Can also use crack swag to earn a living, such as manipulating those, or pan handeling using what you have learned being a drug addict.
"He used his crack swag to make a few bucks on the block."