Ice on the fringe is so damn frosty

from Macklemore and Ryan Lewis (Ft. Macklemore & Wanz) – Thrift Shop Lyrics on Rap Genius

Meaning

“Ice on the fringe” refers to coats that were popular primarily in the 80’s and featured leather fringe and rhinestone embellishments. In some cases, small items like crystals, charms, feathers etc. were knotted directly to the fringe (though it probably wasn’t meant that literally).

Here it would be false stones on fringe.

Also, damn frosty is another way to say really cool. Having bejeweled lapels on your jacket is very cool.

Notice the connection between “ice” on the fringe and “frosty”…

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