The Guardian view on the cost of a cashless society: the most vulnerable will pay | Editorial

The pandemic accelerated the shift away from notes and coins. But China and others are realising that transition has a priceOne of the idiosyncrasies of China’s huge appetite for luxury goods has been the high sales of man bags – a niche item in the west. Their popularity initially reflected not just the fondness of the newly rich for conspicuous consumption, but also the practical need to carry large wodges of banknotes in a country that hadn’t truly embraced credit cards. Ear