Bloomberg News reports on the downsides of "extend and pretend" economic policies, which involve prolonging unsustainable financial situations through temporary measures. While these tactics may temporarily stabilize markets, they can ultimately lead to increased debt and inflation. The article highlights the need for policymakers to address underlying issues rather than relying solely on short-term fixes.

Source: https://www.bloomberg.com/news/newsletters/2024-10-24/quantifying-the-downsides-of-extend-and-pretend