What Will Happen When Money Loses it's Value?

we will be like pre world war 2 germany where it took a bushel of money just to buy bread.

In that sort of scenario, people would probably using tuna cans and Twinkies as currency :D. "Give yeah 50 Twinkies for that there tricycle", I'd say.

that's why people have precious metals such as gold for investments. without gold any type of currency no matter where its from has no value. this is why gold has hit record high prices in the past few years since the great recession happened.

As the others have mentioned, in my humble opinion, "money" will at some point lose all value. All the signs are there if you read, pay attention and connect the dots. Things that will have value? Food first and foremost. Energy sources. Even something as simple as a lighter or stick matches will be valuable. Water, too, is another limited resource. Governments have been vying to gain control of water sources for decades now. If you add "global warming" into the mix, water will be more valuable than gold. The truth is, most things only have value if PEOPLE value them. When economics collapse, what will people value the most? THOSE are the things that will become precious. A lot of people say precious metals are something to consider such as gold. But really, when you are faced with not eating or being able to bathe, how much value does gold actually have? Luxury items will be insignificant. Things that people need to survive will be the new standard for what is "precious". I would value a bar of soap more than I would shampoo. Matches or charcoal. Any kind of fuel source that could generate heat for cooking or warmth. Simple things that could provide shelter, etc. Bartering and thievery will be the norm because paper money won't be worth anything. You'll be able to use IT for toilet paper! lol.