Certainly, but either way, and no matter the currency, more money is more money. And this carries weight in a given trade.
Discussion
That’s not always true. Let me give a real world example.
Oil.
Every year the world consumes 36bn barrels of crude oil. This is approx 1 cubic mile of oil.
If the world produces 37bn barrels of oil (3% too much) the oil price is $40. The value of the cube is $1.5 trillion.
If the world produces 35bn barrels of oil (3% shortfall) the oil price is $110. The value of the cube is $3.85 trillion.
The smaller cube is worth a lot more than the larger cube.
This is why we have wars.
Interesting, but I’m not sure oil = user generated content holds in this case.