From The Giant: The Definitive Obey Giant Site
From Supply and Demand, pg. 175:
When I went to Hong Kong in 2001, I bought a propaganda booklet that Chairman Mao had issued to every household, and it was just two-color spot printing, black and red on off-white paper. A lot of the graphics were just red on off-white, but they were very striking. I decided to challenge myself to create such strong images while restricting myself to work in one color like that. I did a few different images in that format, and it seemed to really befit powerful seals and symbols such as this wreath.
This print is based on the Coat of Arms of the Soviet Union.