Russian Farmer Find A Way To Make Transaction Easier In His Village; Prints Their Own Money.

In Kolionovo, Russia a farmer named Mikhail shlyapnikov look for way to ease the transaction of goods and services in his village that is about 3 hours far from Moscow and down a dead-end road comes an isolated cash strapped settlement.

 

Mikhail in doing so, invented, minted and printed their own money known as the "kolion"apart from the official Russia's currency rouble, which they use as means of exchange of goods and labours.

The worth of the kolion is been estimated as one kolion equaled 10 kilograms of potatoes, 10 eggs equaled two kolions and so on.

These printed notes are been kept in a small shed house in a metal battered box.

However, Russians authorities are against the use of the "kolion" which they said, is threatening the Russia's economy and could run it down.

This has now landed Mikhail to face the court. He's to next appear in law court 1st July.

Kolion can't be seen as money rather a loan receipt. In a typical Russian village people do exchange labour for a bottle of vodka but in our own case vodka isn't used but kolion, Mikhail narrated.