No idea why this is getting downvoted, as you're entirely correct (obviously). OP is talking about real economic growth as massive amounts of wealth are created. A change in the money supply would create nominal growth, but no change in the underlying quantity of wealth.

For those confused as to the difference between the two, reread pg's essay on How to Make Wealth. http://www.paulgraham.com/wealth.html

Yeah, but the writer of the article doesn't get that either.