A Special Weekly Report From The Wall Street Journal's Capital Bureau
CAPITALIST COUNSEL: The Soviets turn to the U.S. for economic advice.</br></br>At Moscow's request, Fed Chief Alan Greenspan will meet next week in the Soviet Union with his central-bank counterpart and the Soviet finance minister. Fed member Wayne Angell recently made a similar trip. The main topic: How can the Soviets soak up the country's excess rubles without setting off rampant inflation?</br></br>The Soviets seriously consider Angell's suggestion to go on a gold standard. Gold-backed ruble bonds, he told them, "would be snapped up in London and New York at about 3%, the lowest cost of capital in the world." Greenspan, however, is expected to be less enthusiastic about the proposal.</br></br>The Fed chairman says one subject he won't discuss with the Soviets is their desire to get into world economic organizations. He considers that an administration decision.</br></br>STAR WARS SLIPPAGE sets off a scramble for the plan's huge funding.