What consenting adults do in private, is their business, however we seen the teaching of this as very problematic - very open to abuse in men who aren't in control, and absolutely abusive if the wife isn't in agreement. (And also just dumb then, as you are handing her the keys to your life to use any way she pleases. We know 3 men who heard this taught, in the last 2 years, thought is sounded good to them, and then promptly loss access their house and their kids. And of course their wives.) If she IS in agreement, then you don't really need this. If you both WANT it, fine, but keep it to yourselves.
BTW, God told us to not spare the rod on our children, there is no equivalent direction for wives, anywhere in the Bible.
That said, we're aren't having this discussion at BF any more. Locking thread, and will hide it soon, I think Mojo missed a video link, he can restart the thread.
Edit: I want to be clear I'm referencing the domestic discipline here - of course it's Biblical for women to obey their husbands. And for husbands to love them in such a way that they will want to follow, and not have to be bullied into it.