"Harking back to his infamous 'irrational exuberance' speech, Greenspan again said stock prices may be 'excessive.' But he added the best way to deal with a possible bubble is to pursue price stability.

In typical Greenspeak, he said price stability can 'induce investors to take on more risk and drive asset prices to unsustainable levels.' "
—Ed Carson, "Philly Fed says higher input prices aren't passed on," Investor's Business Daily, June 18, 1999