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A fancy way of saying 'I have no idea what I'm talking about, but I'm going to lie and act like I do.' It's like putting a fake mustache on a lie and calling it proof.
I know for a fact that your mom eats cereal for dinner. And she doesn't even like it.
I know for a fact that you failed your math test. You probably cried.
I know for a fact that pizza is the best food ever. Also, I know for a fact that you're lying.