Part 8/11:
Similarly, portfolio management fees are inaccurately classified as inflation by the BLS and Fed, further distorting the real inflation picture. Experts argue that actual inflation is closer to the Fed's target of 2%, contradicting the narrative that inflation is "too high."
This skepticism extends to the Fed's aggressive rate hikes, which some believe might be overly politicized or misaligned with the actual inflation data. The consensus is that the Fed should focus more on supporting employment and rethinking their inflation metrics.