I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
Actually this statement is the basis of all the development. This saying itself means what you are saying. That human wants keeps on increasing. As we grow further, we Bring in new resources and then use those resources to create new wants. This actually is basis on which whole economics is based and how most of the major governments drive their economic decisions. So correct or not this saying exists in every part of our world I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.