Economy of the Rich

Working for someone who is well endowed with economic wealth and assets is almost always a good thing for one such as, perhaps, yourself.

In economy and society we learned the ever present principle of supply and demand which I find applicable to situations ever increasingly. The wealthy person has a large supply (and usually quantity) of those rectangular verde papyri we like to call dollars. Now dollars are an interesting thing. The materials they are made of, though the ones we make today are pretty fancy, are nowhere near what they should be valued at. If I were to give you a stack of paper (even very nice paper) you probably wouldn't give me back anything like a car, a phone, or computer. However, a stack of paper with the right numbers and symbols (money) will cause this to happen. This is because money has two values. One would be the most obvious (or maybe less obvious depending on how you look at it), the value of the materials they're made of. The second would be the value we really might accurately say is mostly imaginary. This is the value we attribute to each piece based on it's number.

Now, down to the point. When there is more supply, there is less demand. And, inextricably related is the fact when there is more quantity there is a lower price because there is less demand. Thanks to modern mass production we see examples of this all the time. I skip the examples. Because of these inherent market mechanics, those with large amounts of dollars put an internal value (a third, imaginary, but no less real value) less than that of one (very probably like yourself) who has less dollars. Because of this, when you or someone in the less dollars position works for someone in the more dollars position you benefit simply because the person who has many more dollars than yourself puts a lower mental value on each dollar. This difference in mental value cause there to be a sort of positive (in your favor) exchange rate of currency through imaginary values without ever leaving the country.

Put very simply it is (very) beneficial for you to work for someone who is much wealthier than yourself because when it comes down to what really happens, this employer pays you more dollars to match their mental impression of what a fair wage is. For example; this is what happens when a somewhat eccentric piano teacher pays you twenty bucks to hand out halloween candy to trick-or-treaters for a half an hour (true story).

So when you're looking for an employer. Work for the rich. That's right. Hop on the caboose of that gravy train and enjoy the view! Of course, this only works if your employer has a personal mental value for their money. A just business employer instead only has one value, the number on the bill.

Do you have a mental value for the dollar?

~Billy