Central Bankers To The Masses: "Let Them Eat Rate"
Authored by former Fed Advisor Danielle DiMartino Booth,
There never was any cake, just crust.
And the French Marie had nothing to do with it. Rather, a Spanish-born queen married to France’s King Louis XIV a century earlier was the ill-mannered Marie who dared to taunt the peasantry. So how then exactly did, “Let them eat cake!” become so universally associated with Marie-Antoinette? In a nutshell: Blackmail.