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King Charles has appointed a homeopath. Why do the elite put their faith in snake oil? | Martha Gill
(www.theguardian.com)
this post was submitted on 06 Feb 2024
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Lose would imply that they no longer had power, in past tense "He lost his power".
Loose would imply that he used his power "He let loose his power"
Or in another context, if you lose your dog, it's gone missing.
If you let loose your dog, it's like you've released the lead, and told it "bite that man in the bum".