। ॥ २३८ ॥
In plain words
Whatever the confused mind sees, in its confusion, is really nothing but Brahman — the way a shell mistaken for silver is, underneath, only shell. Every 'this' you ever point to is always Brahman taking that shape; what gets superimposed on it is nothing more than a name.
Close to the Sanskrit
Whatever appears to the deluded person in his state of confusion is Brahman alone — that very thing, [just as] mother-of-pearl [appears as] silver indeed. As a particularized 'this,' it is always Brahman alone that takes form; but what is superimposed upon Brahman is a mere name.