Lyric discussion by KurdtTBO 

Well, I agree, but I also notice that if you listen to the rhyming parts they are homophonius with words that have sexual connotations.
He rhymes "playing with my magazine" with "using up my listerine," and that subconsciously brings to mind the act of masturbation, because listerine and ovaltine rhyme with vaseline, and what better to use while playing with your magazine.
It's as if he is saying that all this consumerism and all these fads are like masturbation. They're just a simulation.

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