China, maybe you should look at the question philosophically, and ask 'what is freedom?'. I know some very wealthy people whose love of money creates a prison for them. They live a meagre, narrow, existence because they're so reluctant to spend any of it.
Personally, I think money, if enjoyed, does create freedom in the material world, but the best freedom that anyone can attain has to be peace of mind - and no amount of money can buy that.
Phew, I'm off for a cup of tea after that!