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Definition

A fraudulent, ineffective potion or nostrum; panacea.

Any product with exaggerated marketing but questionable or unverifiable quality.

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In Context

  • "As for the IRP, Secretary of State Grant Shapps continues to peddle snake oil, smoke and mirrors. His reaction to near-universal IRP condemnation from politicians, local and national media, and all but a few rail specialists was to dismiss the lot of us (in the condescending and patronising tone we have now come to expect) as "critics and naysayers"."