sri-hiranyakasipuh uvaca-Sri Hiranyakasipu said; bale-while Yamaraja in the form of a boy; evam-thus; pravadati-was speaking very philosophically; sarve-all; vismita-struck with wonder; cetasah-their hearts; jnatayah-the relatives; menire-they thought; sarvam-everything material; anityam-temporary; ayatha-utthitam-arisen from temporary phenomena.