This is how I understand it:
(I hope I do anyways, because I take my PPL written in about 3 hours, LOL!)
Imagine a balance scale, one side is the Kollsman Side, the other is the outside air pressure side, and id the Kollsman side is higher than the altitude side, the scale goes up, aka the altimeter, and you are physically sitting at sea level (0 MSL) on a standard 15C/29.92 day.
Scenario 1:
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So if you turn up the Kollsman from 29.92 (balanced at 0) to 30.92, the scale says 1000', even though the scale hasn't moved and is at sea level.
Indicated: 1000' MSL
Actual: 0' AGL
You'd die if you were landing thinking you were at 1000' AGL.
Scenario 2:
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So you turn the Kollsman back to 29.92, but ironically , the outside air pressure changes to 28.92, again the altimeter goes up 1000' even though you are still 0' AGL.
Indicated: 1000' MSL
Actual: 0' AGL
Again, dead if you were landing thinking you were 1000' higher than actual.
Scenario 3:
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Ok, so now the outside air pressure goes up to 30.92. The altimeter would read -1000' MSL and you are still at 0' AGL. So the altimeter would show you lower than you actually are. So thinking you were at 0 feet, but still having 1000' untill your wheels touched the ground, you would go on flying.
Same thing with temperature. Lets say the air pressure stays the same, but only the temp changes from 15C to 0C. That 1000' of air outside at that was 15C just shrunk because cold makes things contract, and so 1000' MSL (@ 15C which is what the other scale the altimeter is calibrated to) indicated, now translates to 970-ish' actual. So subtract 1000' from each:
Indicated: 1000' MSL- 1000' = 0' MSL
Actual: 970' AGL - 1000' = -30' AGL
Again, dead if you were landing from 1000'
"High (pressure/temp) to low, Your AGL is below"