In full equilibrium, I expect that the additional cash flows from corporate tax cuts will, directly or indirectly, be used to buy fresh Treasury debt. (hussmanfunds.com)
This is isomorphic to an e-folding time of 6.64 years, which implies about a 20 year period for the system to reach full equilibrium after a step forcing. (climateaudit.org)
The closer it is, the higher its entropy; full equilibrium is, by definition, the maximum value. (discovermagazine.com)