It is true that the lowest income strata are most likely not to have a 
bank account. It is no doubt true that most PEN-L members, well off or 
not, have a bank account, a debit card, and a credit card.

But what is the relevance of whether PEN-L members are mostly white 
(whether that is actually the case or not)? Gratuitous tagging by race, 
often ahead of income or class as in raghu's example, is part of the 
replacement of class politics by identity politics over the last forty 
years. Affirmative action for the masses got twisted into integrating 
the elite, like the Black CEO of American Express, who before his visit 
to executives at Costco sent in an advance team that orchestrated who 
would sit where and in which order people would arrive for the meeting.

raghu wrote: "the mostly white and well-off members of PEN-L seem 
oblivious to the extent to which low income people in the US rely on
paper cash and currency."

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