This is a reply to a question of one of my readers that might be interesting for all...
Question: The End is Near when a Loaf of Bread will Cost a Days Salary " Could You Please , Tell me, and Other Readers: Where in the Bible This is Stated ! And can You Enlight, us of How this will Affect us, in Our Life; as we Know it !!
While I have never read the quote you give, I think I know which Scripture you refer to.
In Revelation6 we read...
5 And when he opened the third seal, I heard the third living creature say: “Come!” And I saw, and, look! a black horse; and the one seated upon it had a pair of scales in his hand. 6 And I heard a voice as if in the midst of the four living creatures say: “A quart of wheat for a de·nar´i·us, and three quarts of barley for a de·nar´i·us; and do not harm the olive oil and the wine.”
These are the 4 horsemen of the Apocalypse that are supposed to ride in the "last days". This 3rd horsemen is just about to start riding now. A denarius was a days wage of a Roman soldier. A quart is only a bit more then one liter and it is obvious from this that this is not enough to support oneself and even a family. So this rider depicts a famine in the last days.
So soon when money collapses this Scripture will be fulfilled. It can't have been fulfilled in the Great Depression in 1929 or in WWII because of what we read at the end of verse 6.
"Do not harm" is also translated as "do not act unrighteously on". That is weird, how can we act unrighteously with wine and oil???
The answer is biofuel! Only in the last 15 years does mankind have the capability to transform wheat, corn and bio-oil into fuel, biodiesel etc.
Wine is an ethanol source which is used big time in the transformation process from food into fuel.
Now generally there is nothing wrong in using alternative fuels but in a world food crisis and global hunger it is unrighteous to use the available resources for fuel production.
It is unrighteous to take from the belly of the hungry and put it into the tank of the greedy.
So this mentioning of olive oil and wine lock the timing of this prophecy to our days.