The word for today is…
panacea (noun):
: a remedy for all ills or difficulties
Source : Merriam -Webster
Etymology : English speakers took panacea from Latin, but as is the case with many Latin borrowings, the word ultimately traces its roots to Greek: panakes, meaning “all-healing,” comes from pan-, meaning “all,” and akos, meaning “remedy.” The Latin designation Panacea or Panaces was in past centuries awarded to various plants, among them the herb today known as Prunella vulgaris, whose common name is self-heal. In current use, panacea is most often used to decry a remedy that falls far short of what some claim it can do. Panacea was the Greek goddess of healing. In the Middle Ages and the Renaissance, alchemists who sought to concoct the “elixir of life” (which would give eternal life) and the “philosopher’s stone” (which would turn ordinary metals into gold) also labored to find the panacea. But no such medicine was ever found, just as no solution to all of a society’s difficulties has ever been found. Thus, panacea is almost always used to criticize the very idea of a total solution (“There’s no panacea for the current problems plaguing Wall Street”).
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