Rainbow Dash reappeared at her home.

Rainbow: Why am I here?

Someone suddenly jumped on top of her from behind.

?: Surprise!!!

Rainbow: Aah!...Pinkie Pie?

Of course, the only person who'd even do that is Pinkie Pie.

Pinkie: Aww...I thought I had you, Dashie!

Pinkie Pie looked unreal as well.

Rainbow: I'm guessing you're the ghost of the Christmas Present.

Pinkie: Yup!

Rainbow: And are you gonna show me everything that's going on now?

Pinkie: Nopey-dopey! More like the Christmas gifts!

Rainbow: But you just said you were the ghost of the Christmas Present.

Pinkie: Nope, you said that, silly! I'm the ghost of the Christmas Presents!!! Y'know, as in gifts!

Rainbow Dash was a little confused, it seemed like Pinkie Pie was just being Pinkie Pie. Pinkie Pie took Rainbow Dash's hand and spun her around.

Rainbow: Aah! Okay, really?

Pinkie: Allow me to show you the importance of gift giving during Christmas! Follow me!

She led Rainbow Dash across town and started to sing.

https://youtu.be/gTVBPb49Gjs

Take a look at everything

Around you all the smells that surely will astound you, open up your heart, it will surround you!

In the magic of Hearth's Warming Eve

The little things that make it better

Little ponies spreading cheer

Give a toy, a hug, a sweater

Memories that last all year

The present's always filled with presents

Large, medium, and small

Sometimes the most important things

Aren't very big at all

*tap dancing*

What a party, there's so much to see here

Can't believe you didn't want to be here

You'd have had a blast, I guarantee here

This is the spirit of Hearth's Warming Eve

Cider's flowing, this is living

Come on and feel the beat

Life is better when you're giving

Each time you do it feels so sweet

The present's always filled with presents

So come on, open your eyes

Spend time with ponies just like you

And watch your spirits rise

The present's always filled with presents

Take a look around

The reason for the holiday

Is quite easily found

Yes, the reason for the holiday

Is quite easily found

And the reason is to be with your friends!

Rainbow: Uh...catchy.

Pinkie: So, do you see why gift giving is so important, Dashie?

Rainbow: Uh, after that annoying song you just sang...

Pinkie Pie gave puppy eyes.

Rainbow: I mean awesome song! I guess I do.

Pinkie: Yay! I'm so glad! I can't believe you wanna skip Christmas, Rainbow Dash.

Rainbow: Yeah, I can't believe it either, I'm kind of mad at myself. I'm still upset after that huge accident I caused last year.

Pinkie: Well, like Applejack said, it's all in the past!

Rainbow: How do you know what Applejack said?

Pinkie: Just a hunch! So, would you like an early gift?

Rainbow: No thanks.

Pinkie: Fair enough. One more thing before you go!

Rainbow: What's that?

Pinkie: Fun fact: Did you know that it doesn't matter what gift you give, but what it means matters?

Rainbow: Gifts have a meaning?

Pinkie: Of course they do, silly! A cupcake means "I love you!" A sweater means "You need a hug!" And a scarf...that's easy, it just means "You're cold!" I could go on.

Rainbow: Wait, so if-

Again, Rainbow Dash vanished.