4 ms·
He's referring to the marginal utility of money [1], where $1 means more to a person with $100 in the bank than it does to the person with $100M in the bank. [
by beambot 12y ago
He's referring to the marginal utility of money [1], where $1 means more to a person with $100 in the bank than it does to the person with $100M in the bank.
[1] http://en.wikipedia.org/wiki/Marginal_utility http://en.wikipedia.org/wiki/Marginal_utility