I don't get your argument. If something doesn't work on the small scale it certainly won't work on a large scale. That's exactly my original point about managing global finance
That's the converse of my argument. I'm saying that things that don't fly at small scale, don't become good ideas at large scale. Constantly calling the credit card company and asking for a credit raise instead of paying the bill, printing more money to pay the bill, and encouraging not saving for a rainy day by keeping interest rates low are all things that are terrible ideas for the individual so why is it good for 100 individuals grouped together? Actually, the answer is obvious: statistics are easier to manipulate with groups.
>I'm saying that things that don't fly at small scale, don't become good ideas at large scale.
They absolutely do.
Fourier transform multiplication methods are a terrible idea if you run them on numbers that aren't hundreds of digits long, but the only way to multiply truly large numbers.
Why not do some research and learn about this stuff? Very smart people spend a lot of time thinking about how to run economies: at least consider their ideas before you dismiss them.
It shits itself on the large scale.
Just like how trying to run an economy like you do a household results in the great depression.