About the contributor:Luke LloydLuke Lloyd is dedicated to improving clients’ financial paths and helping them achieve investment goals. He prides himself on being an extremely well-informed investment advisor, financial planner, and wealth manager, guiding clients towards their financial goals through retirement planning and portfolio returns. Learn more about Luke by clicking here!Schedule a 30 minute virtual meeting with Luke Lloyd Book NowLuke Lloyd joins Maria Bartiromo on Fox Business and discusses his thoughts on the impact inflation has on both consumer confidence and consumer spending. People are starting to spend their debt, not their savings, which isn’t a good thing. Find out all of Luke’s thoughts below: