Nope...small drive pulley, large driven pulleys.
The small drive pulley has a mechanical advantage over the large stock one and combined with the larger driven pulleys, spins all of the accesories slower (thus underdriving them), which consumes less horsepower.
Think of it like you did when you were a kid on your mountain bike. Big sprocket meant great top end speed, but you really had to work your legs to get there. Downshift to the smaller sprockets and pedaling got a lot easier, requiring less energy, but your overall rate of speed was reduced. It’s the same principle.