For those of you who are like me and don't waste time learning words we'll never use, "panacea" is another way of saying remedy or cure. Dang fancy words and their evil ways.

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. Both are the refuge of political and economic opportunists."

- Ernest Hemingway