Here's a counter argument: It probably depends on your aspirations. If you want to be a billionaire and you make $65k/year that $11k probably has low utility be

Here's a counter argument: It probably depends on your aspirations. If you want to be a billionaire and you make $65k/year that $11k probably has low utility because you're so far from your goal and there are social and government safety nets to help you if you fall into poverty. But at $65M, that $11M might be one of only 3 or 4 shots you have at investing in a moonshot and making your $1B. But, if your goal is to just feed yourself and vacation every once in a while than I could see how the value of money increases logarithmically. If you view yourself as a company or an investor though, it might increase in value as you accumulate more because it puts you in an elite group that can invest in billion+ dollar ideas that could change the world.