Misusing terms in a concrete manner to make this conceptually obvious: Imagine a receiver that is, with respect to some reference, at 100V, receiving an RF sig

Misusing terms in a concrete manner to make this conceptually obvious: Imagine a receiver that is, with respect to some reference, at 100V, receiving an RF signal with a peak to peak voltage of 1V. The receiver is detecting the signal alternating between 100.5V and 99.5V with respect to ground. The receiver only 'cares' about the -0.5 +0.5 part. From the perspective of the receiver there is a signal oscillating around 0V; the local reference (Earth or otherwise) doesn't matter. In the real world RF systems may need, or at least benefit from, earth reference. Particularly at lower frequencies where antennas are large, transmission lines are long and power supplies are imperfect common mode currents emerge as a problem and it becomes necessary to tie down these elements to a reference. That doesn't change the nature of the RF signal however; it's an alternating current that appears 'on top of' whatever the prevailing reference happens to be.