Sure, but that's a different problem. There is consumer hesitance and some deflation. But that is of little consequence compared to the malinvestment of the Keynesian spending with printed money and carry trade, mortgage churning and other big bank tricks. The Fed is doing much more harm than good to the broader economy while pretending that consumer spending is the cure-all.
I wouldn’t place Keynesian spending and “printed” money in the same category as they aren’t directly tied. We had plenty of Keynesian spending way before QE. Consumer hesitance is related to the overall economy and the incredibly slow GDP growth. That goes back to business uncertainty created by this administration and their business crushing taxation/regulatory/financial policies.