I’m a layman at best, but I think the better term for what they are measuring (in practical terms) is the purchasing power of the dollar in terms of actual goods and services.
When the government prints money, it becomes worth less. More dollars chasing the same amount of goods cause the demand to go up, driving prices higher. If inflation’s not the right word for that phenomenon, what is?
That’s what happened during Biden’s administration, and we all felt it.
It’s monetary inflation, and it’s a one form of inflation. Inflation can be caused by several factors (since most of the inflation theories can be true simultaneously).
From the article:
I get the gist of what that article was saying, and generally agree that those kind of forces are always at work.
I don’t think we’re in disagreement, I was specifically speaking about gigantic government giveaway during COVID, when we were paying people to produce nothing.
Not sure about the US, but in many parts of Europe one problem has been that after inflation spike in 2021-2023ish purchasing power/household incomes haven’t catched up.
I reckon there’s something similar going on, since the amount of working poor in US (you have a job, but it won’t get you out of poverty) has been on a steady rise for 10 years or so.
This probably caused a TON of inflation, no doubt.
Just to add my 2 cents:
The EGR valves were added with the aim to reduce NOx emissions from ICE motors.
Combustion temperatures above 2600 degrees F oxidizes nitrogen.
Motor exhaust injected (via EGR valve opening) into the combustion chamber reduces combustion chamber temperatures.
Diesel motors have a higher combustion chamber temperature than gasoline motors, mostly due to higher compression ratio in their respective combustion chambers.
I’m still driving a diesel, it’s handy for pulling my fishing boat. But there has been talk about banning diesels at some point (at least from private users). Interesting to see how that turns out.
EDIT: There’s plenty of cities turning diesel free currently. I reckon it’s necessary in densely populated areas.
First time they banned nuclear they went full blackout and had to import oil from russia because green energy failed them.
Now they want to do it again with diesels?
I guess they’re taking the learning approach they took during the world wars… only learned the second time.
I edited my post. There’s going to be these cities in several countries.
But yes. Banning nuclear was insanely stupid thing to do from Germany, in that we agree. There has been some tin foil hattin’ about Russian influence over that decision. It’s at least known that Germany’s far left and far right are partly loyal/leaning towards Russia.
We should invest more in nuclear energy, not other way around.
Those results are common with with turbo cars just running a tune even if you keep the EGR. Some turbo cars will see power jump by even more than what you mentioned while having improved fuel economy just from a tune.
How do you differentiate between the performance gains from the tune vs the removal of the EGR?
I think this may be a situation where the old technology (vacuum actuated EGR) is impacting the reputation of the newer EGR technology.
That isn’t what is happening though. The exhaust gas is mostly not air. It is an inert gas. The volumetric flow rates of ICE engines might be higher than what you think (thousands of liters a minute of air flow). I doubt that the mixing is of air with the inert exhaust gas is meaningfully heating the air because of how much air flow is occurring (there isn’t enough time for significant heat transfer). Any contribution of added temp from the mixing of the hotter exhaust gasses and air will be small compared to the contribution of heat from the air being compressed in the cylinder and also the increase in air temp from compression from the turbo.
In addition, @RT_Nomad is right on this:
Maine had the highest electricity increase in the nation this year after all of our green new scam initiatives. Our electricity is crazy expensive now, and many of our best outdoor mountaintop landscapes are marred with ugly windmills that flash at night. Apparently the offshore ones were messing with the fish, according to my kid’s tuna boat captain.
We only have small glacial rebound earthquakes here in Maine, we should have nuclear. We used to. Do you guys get those occasional buzzes in the ground in Finland, too? Maine’s actually growing very slowly from the phenomenon.
Very rarely. Finland relies a lot on nuclear energy, but we have also wind farms and other stuff.
It’s short sighted to only rely on ”green” energy and coal starts to be passé. Nuclear could provide steady backbone for electricity, while we engineer better ways to produce power.
“Under my administration, we will be slashing energy and electricity prices by half within 12 months, at a maximum 18 months”
Green power such as solar and wind, without battery storage, are incapable of following load demand. Electric power production must be capable of following load demand as it changes throughout the day of the consumers in the service area.
Pretty much so yes. They can work as an addition, but you’ll need a backbone, and there you have nuclear.
Not with all these tariffs they won’t!!!
Geo thermal is pretty reliable too. The earth’s core temperature doesn’t fluctuate much. If you want reliable / consistent green energy, geo thermal has that. It also can be harnessed in the same way as a nuclear or coal power plant (steam turbine). Just have to dig very deep holes.
True. It only depends on the soil though.
It’s too bad the people controlling the government stole Nikola Tesla’s free energy blueprints.
