happens maybe that'll give us an idea of just what it is we have nature but the iron ore there but it wasn't worth anything until men came along men with two days are the best workman and the best to lose on if you look at what it takes to make one steel band think about why these men are so much better by their tools are so much better spider man going to scrap scrap steel it takes all of this and more just to produce the basic state this is what men can do if you give them a chance give them economic freedom economic freedom in this country means that you and everybody else is free to work to make things to produce that one part of your free to buy and sell to make a profit  loss that's a second and you are free to save and to invest in more and better to that stuff third party and it all adds up to the great gift of economic freedom keep it in mind as you watch these men and their to we've come a long way from nature but those sheets still have to be shipped somewhere before you can manufacture the pain let's see what happens next all right now tan is about ready to be offered for sale a lot of labor is already invested in that van but you can see the men who made it all the tools they used you can see the thousands and thousands of people who say things are invested in those two you can't see a thing like freedom either but it's there the great gift of freedom freedom to work to make things to  freedom to buy and sell to bargain freely to exchange what we have for what we want freedom to save and to invest in the tools that multiply our productive power he didn't have to display that pan or at lower prices but she decided to come into this particular store to look for a pay that isn't the only pay ts choice of iron steel copper bottom aluminum but she selected this particular one now here's what really happens at the time she buys this pan she has hired all the workers and the two clear back to the min what she is able and willing to pay for that man has to pay all the costs all the way back to nature including the cost of something else you can see the cost of government and the cost of government remember is paid by all the direct and indirect taxes you pay for now we know something about where the pan came from out of the eggs i have let's say nature supplied the land but men made a produce fun time had to work with tools to earn enough to buy that van he had to work with tools to earn enough to buy the eggs he used money is a transfer agent you can't eat and with materials supplied to him in other words one way to earn money is through work using your brains and muscles your skills your know for so many dollars and cents money has no fixed value it has no value except at the moment you buy something with it for example you see in the price of a big jump around sometimes half a dollar will buy a dozen eggs sometimes more than a dozen sometimes le in other words your take home pay is worth what you can buy with it when you buy it and what you pay for anything remember has to cover all the costs of producing it transporting it and selling it plus taxes which must be paid to operate the federal state and local governments yeah but i didn't have to buy these eggs to get too high we don't need a that's your privilege so long as you live in a free country you didn't have to buy this house either that we can i can be paid for work any kind of work that produces goods or services or you can be paid for the use of something you save and bought something you home private property to get the tools in the materials you work with the conveyor belts and all the rest of what it takes to build an assembly line millions of people like you saved and invested their savings in stocks and bonds and it was their savings that made these to this was a money that bought the land built the buildings and provided all the facilities power running water and thousands of other things that people ordinarily don't think about all of these things are tools and tools always come from the investment to say let's put it this way if you're in a room in your house or the whole house would you expect to be paid for sure why not if save invest some money in your company company or the bank for instance does with money invested i guess that's right money is a medium of exchange a transfer agent they take your money and buy an interest in private property the tools you work with so that every dollar you same goes for a little work at's how we get our to that's what happened with economic freedom the farmers were close to making and most of them some of the men power to management and labor they know where their tools come from and what it takes to maintain them to replace them with more and better to what we have in this country is so good and so successful that too many of us just taken for granted what we have and the best tools on earth and the most democratic way of getting more and better to not through forced savings and forced labor we are free to say and to invest in productive property try out new ideas new products new methods free to get more and still better to use which multiply our total production shorten our work and keep lifting our standard of living we have plenty of problems but with all the things we don't do with all our mistakes we do have political and economic freedom and where fire better off than the rest of the world that's what we have and if we're talking about let's talk about just exactly what we have in these united states and wanted me