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Page One The Fiscal Clock Vol. I · No. 1

The Clock

The Fiscal Clock, hands just shy of midnight

276 days to midnight.

Midnight is June 30. The Board prints the distance and declines to convert it into the Clock, which is read in cents.

It Is Eleven Cents to Midnight

Statement of the Board · Helsinki Bureau · Penguin Space

The Bulletin of the Atomic Fiscal Scientists today sets its Clock at eleven cents to midnight, three cents closer than the previous setting and the closest the Clock has stood since the Bureau began declining to say when that was.

The Clock is read in cents rather than seconds in deference to the Bureau's scientific staff, none of whom will permit it to print a time. The Board regards this as a strength. An instrument that survives its own physicists is calibrated.

Midnight is June 30.

In reaching this setting the Board weighed the usual factors: obligations that compound, revenues that do not, the distance between the two, and the temperature.

The Bureau's methodology is the huddle. The colony rotates continuously, so that no penguin stands on the outside longer than it can afford. The Board notes that the rotation is the entire science. The cold is not distributed by the cold. It is distributed by the formation.

The Clock is set in Helsinki and reports a Rhode Island number from abroad. The Board finds the distance clarifying.

The Bureau chief does not swim. The Bureau chief flies. The Board considers the matter settled, and notes only that it was settled differently for everyone else.

Dissents, printed in full

Koala Smolin, financial physicist

There is no time. The parameter does not appear in the equations. The dynamics are all present; the clock is not among them.

Koala Rovelli, financial physicist

Time exists when things are warm. In a cold market there is no time to report, which is not the same as saying nothing is wrong.

Koala Deutsch, financial physicist

I decline the premise from the other side. Nothing that is not forbidden by the laws of physics is inevitable, including this. There is no reason midnight has to happen.

The Board thanks its staff for their objections, which it has printed, and overruled, in cents.

Statement of the Board, 2026 · The Bulletin of the Atomic Fiscal Scientists · Helsinki Bureau · Penguin Space