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There is question as to the meaning of the phrase. “It was French law that required bakers to sell loaves at fixed prices and fancy loaves had to be sold at the same price as basic breads.” (phrases.org). This was aimed at preventing bakers from selling just the more profitable breads that would be more expensive than the basic breads. If indeed Marie actually did make the response “Let them eat cake”, she may have meant to say something in the lines of let them buy cake for the same price as bread so that the poor people could afford the more extravagant styles of bread sold for higher prices in which they could not normally afford...
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