Claiming that the BOJ is inactive is either an indicator that you're an insider and I have no idea what I'm talking about (as an outsider am bamboozled by the m

Claiming that the BOJ is inactive is either an indicator that you're an insider and I have no idea what I'm talking about (as an outsider am bamboozled by the magic trick/strong jawbones of the BOJ), or that you have no idea what you're talking about (with no disrespect). I don't mean to sound combative but this is such an extreme statement (in my view) that I'm eager to find which scenario is true. The BOJ is so active that we talk about the progression of the US in terms of "japanification" -- as in the US is going somewhere (in monetary policy) japan has already been. ZIRP, extended forever-QE, messing with whatever rates they needed to, buying JGBs, buying stocks. BOJ is not an inactive central banking institution. This doesn't even take into account the borderline conspiracy theories floating around on the way the BOJ exerts control(summed up by Princes of the Yen[0]). Could you explain a little more about why you think the BOJ's actions in the last like... 3 decades have somehow not "entered" the economy (which I don't think is synonymous with not affecting the economy)? [0]: https://www.youtube.com/watch?v=p5Ac7ap_MAY https://www.youtube.com/watch?v=p5Ac7ap_MAY