Since an event can only happen in "time", that would mean that everything would be dependant on time, hence time is the creator, and as thus, it could be seen as immortal.
And if it is immortal, then I think it is feasible to say that there probably have been an infinite amount of big bangs and start and death of universes, in an endless cycle.
It would seem strange if the the Everything was only born so little time ago.
Well I suppose the ultimate question is whether time passes in stasis (before the epoch to begin them all). I don't think there is an ultimate difference whether we are the first or forty-second iteration of the universe, either; I don't find it too strange, just unimportant. Time serves no purpose there.