1. In fact, for the first time since Statistics Canada started collecting the figures, Canadians actually engaged in "dissaving. " That means they spent more than they received in after-tax income.

2. Households saved more, but this was more than offset by increased government "dissaving".

3. As for the collective action failure implicit in the Keynesian savings paradox and the Fisher debt deflation mechanism, governments solved it by dissaving and debt accumulation by the public sector.

4. The United States has to tackle its structural lack of savings both by reducing public dissaving and by increasing household savings.

5. Rapid inflation and a failure to discourage consumer spending contributed to widespread dissaving and threatened the national economy.

6. EXAMPLE: Rapid inflation and a failure to discourage consumer spending contributed to widespread dissaving and threatened the national economy.