Financial Illiteracy and The State

Somebody once told me
The world is gonna roll me
I ain't the sharpest tool in the shed
She was looking kind of dumb
With her finger and her thumb
In the shape of an "L" on her forehead
--Smash Mouth

Studies continue to indicate low levels of financial literacy among US citizens. People do not understand basic concepts such as saving, debt, time value of money, asset allocation, inflation, etc.

Question: The State benefits from financial illiteracy among the populace. true or false?

Financially dumb people tend not to be free.