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I'm not really sure, but maybe it is some sort of a greeting,pretty much related to the period of hippies ( wearing greasy hair and saying peace greeting smb or as a form of saying good bye)
-Hey man, peace! How's everything?
-Peace and hair grease, man.
by nazi angel July 10, 2008

Words related to Peace and Hair Grease, man

everything's fine i'm doing ok i'm fine i'm ok things are ok