If time measured by one observer moving at a greater velocity than another observer is observed to be passing more slowly, does this imply that there's such a thing as "absolute time" or "base time" which would be the passage of time as measured by a completely static observer of the universe? Basically time as measured from the universe's inertial frame of reference.
I mean given the speed with which the milky way is hurtling through space, doesn't that mean we on earth are experiencing a dramatically slowed down version of this "true time" or "base time" or whatever you would call it?