This actually makes some sense.

There's ample evidence that our legal system is requiring jails to sometimes act as debtor's prisons for poor people. If Bill Gates, me, and a 20 year old laid off high school dropout all get speeding tickets, we are all assessed the same fine. But the unemployed person will frequently go to prison for it because they can't pay the fine.

At the very least, bail levels should always consider the defendant's resources. I think that's ignored more often than not.