What if the price of every item was 1/10 of the current price?

As the title says. If suddenly, everything became 1/10 of its current price, including all existing items/reserved items. (So the things you already own would have cost you 1/10 of what you paid for them if this rule was implemented before that.)<br><br>Do you think it would change our lives? Not just personal life, but the entire society. How would things change. (Assuming this change happens overnight, no gradual change.)