This question comes from physics but I think it fits better here. On page 488 of Sakurai's Modern Quantum Mechanics he says that in order to find an infinite series of higher order derivatives of a function, i.e. $$ i\frac{\partial}{\partial t}\psi(x,t) = \left[m - \frac{1}{2m}\frac{\partial^2}{\partial x^2} + \frac{1}{8m^3}\frac{\partial^4}{\partial x^4}-\cdots\right]\psi(x,t), $$ you would have to specify the function at "farther and farther away from the origin" (or whatever point you are evaluating at).
The problem (in the physics context) is that this implies nonlocality. Ideally, you should be able to specify the time derivative and spacial derivatives at a point, solving the equation. However, I think Sakurai means to imply that knowing all derivatives at a point is equivalent to knowing the value of the function everywhere.
My question is is it possible to take all derivatives $\frac{\partial^n}{\partial x^n}\psi$ for $n \in \mathbb{N}$ only knowing the value of the function on a finite interval? (thanks to Roland for the wording). If so, can't we do the same thing we do with the first derivative (making the interval smaller and smaller) in order to make the interval vanishingly small? Could we then recover locality?