It might be this bit:

At any time, the universe consists of a number of entities whose formal states inhabit Hilbert spaces of various dimension (thus |01>+|10> comes from a four-dimensional Hilbert space, while |1> comes from a two-dimensional Hilbert space), and the true dynamics consists of repeatedly jumping from one such set of entity-states to another set of entity-states.

But really, I was replying to whpearson's question about bogus's comment. (The FP monad at least makes more sense to me than Leibniz's monads.)