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The term snake oil most likely derives from:
> In an 1890s advertisement, it is claimed that Clark Stanley’s Snake Oil Liniment treats ‘‘rheumatism, neuralgia, sciat- ica, lame back, lumbago, contracted muscles, toothache, sprains, swellings, etc...’’
Whether Chinese snake oil was a legitimate medicine is beside the point. Stanley's medicine didn't even have snake oil in it. And the term snake oil as now used refers to bogus treatments of all kinds, regardless of its derivation. This is what it means now, and in its usage casts no aspersions on Chinese traditional medicine.
PLB
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