In any case, such was the finding of an analysis published by the 3/5  BIS central bankers' speeches  Bundesbank in our 9/2016 edition of our Monthly Report. I have the impression that discussions like these seem to start spreading to other countries that are not even making use of non-standard measures.
At least I understand that, in South Africa, too, some are calling for a more expansionary monetary policy in order to support socio-economic transformation. I am following all these developments with some concern. This year, the Bundesbank is celebrating its 60th anniversary.