During the medieval period, wealth was land, gold and silver. Today wealth is denominated in debt.
Yes, but that is just a value impression. If demand destruction occurs without loss of the facilities, tillable acreage, mines, wells etc… there would be a huge release of tangible wealth that can easily fulfill remaining demand and under premium labor rates.
Wealth denominated in fiat will quickly find its equilibrium in whatever sound medium emerges. Also, in that environment, the ability to make, grow, repair, refine or operate will command premiums for a time.
This obviously rests on not becoming the serfs and playthings of the rulers of a post “reset” technological oligarchy.