In sanscrit, all of this, what i just said, is called jagat. Then the next step, second step. Second step is to reduce this world into matter, energy, time, space. All of this universe is constituted of fundamental matter and energy. And furtherand all of this is to explain astavacras. Either all of it is mine, or none of it is. In order to explain that, seven steps going from where as real world out there, two consciousness only. Or, in the old cosmology, the five elements, space and the air and fire and water and earth, basically material constituents.
"I, the One, illumine this body and also reveal this universe. Therefore, mine is all this universe or indeed nothing is mine." Inspired by this verse from the Ashtavakra Gita, Swami Sarvapriyananda speaks on the nature of the Self.