Johnny Harris Is Wrong About Inflation

Produced by Matt Beat. All images and video by Matt Beat, used under fair use guidelines, or found in the public domain. Music by @ElectricNeedleRoom, MK2, and Evolution.

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#johnnyharris #economics #inflation

I understand it’s difficult not to oversimplify stuff when you’re explaining something in six minutes, but the reason I felt obligated to make this response video was mostly because Johnny butchered the DEFINITION of inflation right out of the gate.

Chapters:
0:00 Intro - Johnny Harris style
01:16 Back to Mr. Beat
02:33 Twitch reaction
17:44 In conclusion
20:17 Outro and Twitch

[iammrbeat]

Let the record stand that I am still a pretty big fan of Johnny Harris. That said, what other videos of his should I react to?

Also, in case you're bored and stuff, I stream on Twitch every Monday at 9am Central! There I plan on reacting to other economics videos, as well as geography and American history videos, of course. :)

[uncurled]

I remember when Johnny Harris went independent he made a big deal about it and the problems in journalism, but his content since has been an excellent argument for traditional journalism's vetting processes. Man really needs an editor and fact checkers who can overrule him when he goes too far. When I saw nebula had picked up his content I was actually disappointed because it only offers further legitimacy to his wildly uneducated statements.

[historyhub]

Mr. Beat becoming hip to connect with the youths.

[rickwong]

The Johnny Harris parody at the beginning really an art. Always love seeing your economic presentation Mr. Beat.

[matthewgarrison-perkins]

Thank you for putting the US inflation issues at the feet of those who deserve the blame, instead of allowing the corporate owned media to continue to scapegoat low income consumers.

[skahg]

Johnny Harris always did seem like he was simplifying things so much that he would end up being wrong somehow. I didn't know enough about the material while watching his videos to understand what was wrong, i just knew that stuff could not be simplified to the degree that Johnny Harris tries to. There is always way more context required to understand the topics he covers, and the length of his videos are never enough in my opinion. Videos about economics SHOULD be long In my opinion.

[CG-ehoe]

Johnny Harris is great to watch as an experiment on how someone with pretty little clue of what he is talking about can be 100% convincing. I really started loving his videos once i realized that.

[salokin]

Johnny harris proves that overly produced editing and good looks means more than actual decent information or history

[moredac]

I really hope more people see this. Johnny Harris has gotten too much wrong recently to not be called out on it.

[trulsslemmeli]

Fun fact, Harris is neither an economist, historian or an anythingist.

[salamantics]

You nailed his editing style. Mr beat never misses!!

[MoonManMan]

Thanks for this response Mr. Beat! I also recoiled at his initial definition of inflation and felt that his simplification was playing into a broader narrative of overspending, rather than demystifying the (admittedly complicated) mechanisms of price increases. I'm glad this video is out there as an alternative for students

[portalrene]

I congratulate you for the courage of challenging anyone, including Johnny Haris who I follow since the pandemic broke out. Whoever is able to influence must be on permanent check. Good luck!

[ralphm]

Johnny pretty clearly contradicted himself when saying it was money people needed, but also that it was more than they usually have

[willrands]

This isn’t the first time this happened to Johnny. I don’t know how I feel about him anymore

[timelston]

I'm surprised you didn't mention how one of the major contributors to inflation this time was the supply side disruption caused by the virus. Johnny made it sound like the supply chain couldn't keep up with the demand caused exclusively by government handouts, ignoring that the virus virtually stopped production.

[benfelps]

This is a great fact check, I think Johnny Harris is like the tip of the spear of YouTubers who read Wikipedia pages and then make really confident sounding videos with slick production that are usually misleading, false, or incomplete.

[Unofficial_History]

I like how you corrected the issues with Johnny's videos without ever saying anything mean or insulting. If anyone says there was some kind of insult in this video, youre wrong. This is a prime example of how to argue with others online cordially and with respect. We cant all agree with each other all the time, and its good to correct each other when needed. Well done, always a pleasure watching your videos!

[plazmikpond]

Your mockery of his editing style at the beginning got me dying bruh 😭💀 too accurate

[SalutExpla]

When the lady at the start said "money is one of those things" I really felt that