time_not_passed = True
from time import time # You can import the whole module like last time. Just don't forget the time. before to signal it.
init_time = time() # Or time.time() if whole module imported
print("0.00 secs")
while True: # Init loop
if init_time + 0.05 <= time() and time_not_passed: # Time not passed variable is important as we want this to run once. !!! time.time() if whole module imported :O
print("0.05 secs")
time_not_passed = False