This would be of little consequence and huge ones. It will wiped out the ability to pay debt but it will make debts disapear anyway.
Money and exchange systems will be refunded. The way we think commerce will disappear but we will refund commerce and use new/old ways:
- back to barter
- having gold or land will be better than having a ton of useless banknotes.
- Values of things will change and what you think of being valuable will quickly become scrap.
No big deal.