Like its predecessors Calaveras and Heartland, PEACE is a take-off on the classic 60s flower font Daisyland*.
Includes 2 versions of each letter, plus numbers, punctuation, and international characters.
Inspired by Albany’s 15 minutes of fame; read about it at thesmokinggun.com.
*The Daisyland font appears under that name in the Dan X. Solo font books from Dover. There is a nice shareware version called FLORALIES by Keith Field and a free but bumpy adaptation (called Daisyland and uncredited) in FontPak1.zip. (Thanks to Frogii for the information!)