1/2 c. smooth peanut butter
1 c. hot water
1 can condensed milk
2 c. cold water
Dash of Angostura bitters

Mix 1/2 cup of peanut butter into 1 cup of hot water. Blend until smooth. Add 1 can of condensed milk (sweeten to taste). Add dash of bitters, 2 cups of cold water. Chill and serve.