Lyric discussion by SakuraFalling 

Cover art for Time lyrics by David Bowie

This song is layered with meaning. An obvious one is the passing of time, not just the shortness of a lifetime, but the tendency for time to vary in it's pace, one moment it speeds by, the next it crawls in tedium, another interpretation of time 'flexing like a whore', not a physical flex, but a perception one, the juxtaposition between it's fleeting when youre enjoying yourself but showing no interest in passing when you're not. Touring is known for its long, dull, periods in between performances, travelling, sound checking, ect, often given as a reason for a lot of artist's drug taking, in this case quaaludes and red wine, and the generally missed double meaning of Billy Dolls (I'm looking at you, Wikipedia) not just a nod to the New York Dolls, but also amphetamine in capsule form (Billy Whizz, a character from the Beano comic, was a British slang term for speed, also known as just Billy or Whizz, 'dolls' is used as a term for capsule drugs in Jaqueline Susanne's cult 1966 novel Valley of the Dolls), 'other friends of mine' could well be referencing cocaine. A great song, RIP Mr Jones, I feel like I've lost a friend.