"slang" when someone asks you whats goin, peanut butter and jammin it is equivalent. to "nutin much" or "just chillin"
by Exceptid August 4, 2007
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Peanut Butter and jammin it. • Peanut butter and jamming • peanut butter and jelly • peanut butter and jelly sandwich • Peanut Butter and Jealous • Peanut Butter and Jealousy Sandwich • Peanut Butter and Asshole Sandwich • Peanut Butter and Bitches • Peanut Butter and Buttcheeks • Peanut butter and clown nose