Given enough time has a past since the BOJ really began to push the envelop in terms of unorthodox aggressive monetary experimentation, the following post uses Bernanke's recent speech ( Some reflections on Japanese monetary policy ) as a jumping off point to review developments in Japan. Seeing as Japan could be a precursor for what may be yet to come in the rest of the developed world that still struggles with subpar growth, low interest rates, and a lack of inflation, the BOJ's monetary evolution bears watching.