In plain words
The Veda alone is the mother-goddess of all scriptures. It issues forth in the form of the Supreme Lord's own breathing, in and out. This — grasped in the form of sound by the great ṛṣis of great austerity — was proclaimed by them to the world in keeping with a tradition of pupils. Received by one person from another, through the organs of hearing — that is, by the very act of hearing — it came to be called 'śruti.' This is endless. No one has, to this day, been able to declare who its author is, or what their names are. He who uttered it must have been devoid of any desire for fame — had that not been so, he would have indicated his own name somewhere in this Veda; he indicated it nowhere at all. He may well have been one without caste or gotra. That is why it came about that he treated all alike, with no tie to any one caste or any one gotra. The ṛṣis have determined that he was sarvajña. This equanimity is natural only to the all-knowing one.
It is fitting that such an all-powerful being alone should be called the author of the Veda. The word 'veda' arose from the root 'vid.' 'Vid' means 'to know' — ‘“vidaṃ tvanenēti vedaḥ”, it declares everything’ — this too is its meaning. This is something that can be settled and told neither by intellect nor by experience. This sacred Veda declares all that is needed for the welfare of mankind. It shows the means of removing all sorrows. The Veda also declares the practices fitting for peace. Since this Veda's beginning