kala-cakram bhrami tiksnam
sarvam niskarsayaj jagat
kim asat-karmabhir bhavet
Translation by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada:
[Narada Muni had spoken of a physical object made of sharp blades and thunderbolts. The Haryasvas understood this allegory as follows.] Eternal time moves very sharply, as if made of razors and thunderbolts. Uninterrupted and fully independent, it drives the activities of the entire world. If one does not try to study the eternal element of time, what benefit can he derive from performing temporary material activities?
Purport by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada:
This verse explains the words ksaura-pavyam svayam bhrami, which especially refer to the orbit of eternal time. It is said that time and tide wait for no man. According to the moral instructions of the great politician Canakya Pandita:
ayusah ksana eko ’pi
na labhyah svarna-kotibhih
na cen nirarthakam nitih
ka ca hanis tato ’dhika
Even a moment of one’s lifetime could not be returned in exchange for millions of dollars. Therefore one should consider how much loss one suffers if he wastes even a moment of his life for nothing. Living like an animal, not understanding the goal of life, one foolishly thinks that there is no eternity and that his life span of fifty, sixty, or, at the most, one hundred years, is everything. This is the greatest foolishness. Time is eternal, and in the material world one passes through different phases of his eternal life. Time is compared herein to a sharp razor. A razor is meant to shave the hair from one’s face, but if not carefully handled, the razor will cause disaster. One is advised not to create a disaster by misusing his lifetime. One should be extremely careful to utilize the span of his life for spiritual realization, or Krsna consciousness.