I can't tell if you are not entirely sober or way too philosophical, but I think you are confusing timekeeping (as a socially agreed convention for referring to

I can't tell if you are not entirely sober or way too philosophical, but I think you are confusing timekeeping (as a socially agreed convention for referring to time) and time the physical quantity (the fourth dimension if you prefer). I very much suspect the song refers to the former.