Is this sentence correct

Yes!
Are you suggesting the 'democracy' stinks?
It'd make a good lyric for a song!

The quote is about freedom, not democracy. It makes no logical sense the way you've written it.

However, it would end "at" not end "from" that point.

Oliver Wendell Holmes, Jr. - "Your right to swing your fist ends where my nose begins."

Oh, yes that's right.
"Your democracy ends at the point where my nose begins."
or
"Your democracy ends where my nose begins."

It could be a poetic comment about the aroma of democracy, couldn't it Barbara?

No. It's a misstatement of a quote.

Thanks for all your replies. I didn't know that such a quote mentioned by Barbara, existed. I intended to clear my grammatical doubt and that's about it. Actually I read it somewhere,can't remember the exact words but it was similar to what I wrote here.

What grammatical point were you looking to understand?

I wanted to know whether " from the point" is correct and now that doubt is clear.