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Ovid is commenting on the importance of wealth and money in society. He says that in his time, money was the most important thing and the only thing that really mattered to people. Having a large fortune would bring a person honors, respect, and powerful friends.
But those who were poor had little status and influence – the quote says “the poor man everywhere lies low”, meaning the poor had to keep a low profile and didn’t have much standing. So in summary, Ovid was observing that wealth had become the main way for a person to gain status and connections in his world.