F
Franc Zabkar
http://www.mediacollege.com/audio/phantom-power/
That's not the best of explanations. Phantom power is distributed from a
central PS to the mixer inputs via standoff resistors. Which limit the
amount of current available to any single mic. Necessary to prevent a line
or mic fault bringing down the entire supply.
Maybe these two examples (Method 1 and Method 2, also reproduced at
the epanorama site) explain it better:
http://www.uneeda-audio.com/pzm/pzm_ch.htm
The same DC current flows from hot to ground, and cold to ground.
Therefore the current flowing between hot and cold is zero.
- Franc Zabkar