I got a Thinkpad X200 running Libreboot. It uses an Intel CPU that has a TSC (Time Stamp Counter), which allows software to count the passage of time by the number of cycles. It's a 64-bit counter that used to count the number of CPU cycles. With CPUs changing clocks to save power, new CPUs (more than a decade old as shown by my X200) support a constant TSC that runs under a different clock whose tick duration is constant. This is supported by the X200 processor I have, and Linux will show it as constant_tsc on /proc/cpuinfo.
However, Linux won't use the TSC as its clock source if it's marked unstable, and it is by idle drivers in certain circumstances. The idle driver changes CPU power states and that may stop the TSC from ticking, unless the processor has an Invariant TSC, what Linux calls nonstop_tsc (at /proc/cpuinfo). That is not the case of my processor, so the idle drivers will mark the TSC as unstable unless they are not loaded or won't change states.
In order to do the latter, the ACPI driver (the one that ends up being used because the intel_idle does not support my processor), one needs to add processor.max_cstate=0 to the command line. That will likely save less power, which will cause the X200 to consume battery power faster. But for some of the experiments I have been running with KVM and the TSC, that is a trade-off I need to pay.