Call 'em penny loafers, they a pretty penny too
I'm tippin' strippers but I call it penny pinchin'
Rick Ross is expressing his wealth in describing his penny loafers (shoes) costing a pretty penny (large sum).
Tipping strippers is often associated with singles, whereas here Rick Ross is describing the singles and “penny pinching” meaning it’s use as a tip has no effect on his pocket. Once again describing his wealth through his clever wording.
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