I found this recipe on another forum. They called it Frim Fram sauce. I have made it and it is very good. I used it to marinate steak and put it on my mashed potatoes. It would be very good as a dipping sauce for egg rolls or pot stickers as well. The original poster declared she uses it on everything but ice cream. Beware though, while cooking it will clear your sinuses.
Frim Fram Sauce
2/3 cup dried chili flakes
1 1/2 cup water
1 cup vegetable oil
10 cloves garlic, minced
1 1/2 Tbsp sugar (optional)
1/2 tsp salt
Pour the water over the chili flakes and bring to a boil over high heat. Reduce to medium and cook until all the water boils away. Then stir over medium heat until the chili flakes dry out. (If you like a smoky flavor, continue stirring over medium heat until they start to darken.) Remove from heat and add garlic, (optionally sugar), salt, and oil. Bring to a boil over high heat. Turn off the heat and let sit for 5 minutes. Then cook over medium heat for 5 mintes more. When thoroughly cool, pour into a jar and refrigerate. Stir before using.
Found a website - here's the bad news.
"Looking for a recipe for frim fram sauce?
Sorry, there is no such dish as frim fram sauce. It's a nonsense word created by the composer of the song. The words shifafa and feeossanfay are also nonsense words."