Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62. A 64-oz container of Minute Maid Orange Juice, meanwhile, could set you back $45.71. This is all according to a new report released Friday by the National Inflation Association which warns consumers about the coming wave of food price inflation that's about to strike the western world. NIA also projects that by the end of this decade, a plain white men's cotton t-shirt at Wal-Mart will cost $55.57."
"The report highlights how despite cotton rising by 54%, corn rising by 29%, soybeans rising by 22%, orange juice rising by 17%, and sugar rising by 51% during the months of September and October alone, these huge commodity price increases have yet to make their way into America's grocery stores because corporations have been reluctant to pass these price increases along to the consumer. In today's dismal economy, no retailer wants to be the first to dramatically raise food prices. However, NIA [National Inflation Association] expects all retailers to soon substantially raise food prices at the same time, which will ensure that this Holiday shopping season will be the worst in recorded American history."
"By the end of the decade"...that is only 9 years away! Actually, I believe that the food inflation will come much sooner than that. Revelation 6 shows us how dire the famine conditions will be by the time the Third Seal is opened -
"And I heard something like a voice in the center of the four living creatures saying, 'A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine. (Revelation 6:6)
A quart of wheat is about a liter, or about 4 cups dry measure.
A denarius was a day's wage. John 12:5 shows us a relative value- “Why wasn’t this perfume sold and the money given to the poor? It was worth a year’s wages." The Greek translation of this verse is that the words 'year's wages' is 'triakosiōn denarion', or three hundred denarii. If three hundred denarii are a year's wages, one denarius would be a day's wages, roughly.
The website Archaeology.com, by the Archaeological Institute of America states of the denarius: "VALUE- One day's wage for an unskilled laborer or common soldier, about $20 in today's terms."
Bible's right again!