No. He didn’t. I’m getting the feeling you’re not looking at virtually any of the resources that are being provided to you. I literally just linked you to the wikipedia page explaining what the “money multiplier” is, and told you that Keynes talked about the “investment multiplier”, and that these are two completely different things. Yet you persist in your fallacious terms.
I do not have a problem helping people understand things, and being patient with the progression, but I lose patience rather quickly when it becomes evident one is not willing to help himself. When simple resources are provided to you, I expect that you will at least look at them. We’re not just handing you a bunch of links to incomprehensible tomes and saying “good luck”…these are specific references that will help you. Indeed, you were given specific page numbers in the last thread. I know you said you went through the thread I suggested for you here, but I figured you would come back with specific questions.
I don’t know how any progress is supposed to take place from “I am still confused however about the Austrian view of currency circulation.” This doesn’t tell me anything about what you learned, what changed in your mind, what specifically you’re having trouble with, which parts you do understand, etc. etc.
As Rorschach stated, simple nominal increases in spending are not necessarily increases in real wealth. This is precisely the point Friedman was making in the video I said you should watch from that thread you say you went through. Again, have you looked at all into the resources that were suggested to you in the first thread?