What a fascinating story and a great economics lesson to boot!! I've not heard the one about the Redbones, but then I never really heard a lot about Redbones growing up, even though I was in the midst of Redbone country. I never really understood why people would get upset being called a "red"bone.......surely that meant you were part Indian. The features were certainly there to back it up. Irregardless of what blood flows through my veins, it's what's in my heart that counts.
As I have said before, you have a gift of gab......your economics lesson has never been explained so colorfully before.......LOL