Thinking is not correct.
He is in that if you place a wire in a stationary magnetic field and didn’t move it and then tried to measure the current you would read nothing, no current, no emf. You only get current when one moves perpendicular toward the other. What he is doing however is ignoring the movement part. If you place a wire in a constantly changing magnetic field(ie a power generating turbine) then you will measure the EMF, current etc.