While there are several stop-gap actions that can be taken to protect cash value, we are forgetting the major cause of the devaluation in the first place - at least in the USA.
When Government programs are adopted by a 'socialist' government and 'entitlements' are increased at an alarming level because of government spending, the world banking system is stressed to the limits due to the borrowing of funds. In the United States, the borrowing and deficit spending is refered to as the National Debt. As government bail outs, buy outs, socialist agendas and the resulting extreme debt continues to climb, the only way that the government can PAY for these liberal programs is to have the Federal Reserve print more money. Without a Gold Standard to back up that printing, the value of the US currency goes DOWN accordingly... and inflation is the result.
There IS a way to counter this inflation and government spending...
The lever in the Voting Booth that is next to fiscally conservative candidates is YOUR weapon in the fight against big, socialist, liberal government. Excercise your rights and vote for sound monitary programs and fair taxation.