My friends could eat this stuff by the gallon, I swear. Easy and quick to make, and it's great with chocolate or Moose Tracks ice cream. From the Eagle Brand condensed milk website. Preparation time includes cooking time.
- Combine sweetened condensed milk and peanut butter in a heavy saucepan. Cook over low heat, stirring often, until thickened.
- Remove from heat. Stir in vanilla and optional peanuts and cinnamon (if using).
- Refrigerate leftovers.
- May be used as a dip for sliced apples, too.