Should Costco Have Raised Its Annual Membership Fee by More Than $5?

Costco's latest membership fee hike doesn't even come close to making up for inflation. Should they have done more?Costco (COST 0.34%) recently announced a $5 annual price increase to its base membership level. This is the first time the warehouse giant has increased its membership cost since 2017. Given the recent effects of inflation, there's a solid argument to be made that Costco should have done more, and here's what longtime Fool.com contributor and Costco shareholder Risk Munarriz has to say about it ...