The mood is not "subjective"; it is subjunctive . The first sentence is grammatically possible; the second doesn't work. You could say: He talks as if he were my boss.
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sophianzIf it should rain tomorrow, what should I do?In an if-clause, a construction with should (should rain) can replace the usual indicative (rains). Both are correct. I would not call a construction with should a subjunctive.
sophianzare there any limitations when you use "as if to"?Yes. The use of that construction is very limited. It's used mostly when you mean "as if [he / she / ...] wanted to", "as if [he / she / ...] were trying to". The choices below give you an idea of the sort of verbs you need in that construction.
sophianz Is it possible to say "He talks as if he suggested that ..." instead of using "as if to suggest"?Not exactly. He talks as if he were suggesting that he were my boss.