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The Problem With Snake Oil
Nick Paton Walsh: pseudoscience, bad science and false claims have been around since the earliest recorded history. The term snake oil itself was derived from the Old West when they were building the Transcontinental Railroad in the 1800s. It's hundreds of billions in North America alone; it could be coming close to trillion on a global level. Manufacturers of these products know that as long as people believe that they work, then it's going to manifest in sales.