rag brag

Bragging about clothing.

Bill: Dude sweet outfit
Jim: aww these things are old
what Jim meant:*fuck yeah I'm on point!!*
Bill: c'mon Jim don't rag brag!

Brag rag

Insulting slag for a medal (especially a military medal).

Soldier 1: You’ll probably get a brag rag out of this
Solider 2: A medal? I deserve one