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What do you do with the words, “This is my body; this is my blood.”.?

What the NT church did, which was not making it into a sacrifice for sins by the words of a Catholic priest and fed to be flock as spiritual food.

Rather than dispensing bread as part of their ordained function, offering the Lord's supper as a sacrifice for sin which NT pastors are never described as doing in the life of the church, instead the primary active function of pastors is preaching, (1 Timothy 4:2) by which they “feed the flock” (Acts 20:28; 1Pt. 5:2) ) for the word is called spiritual "milk," (1Co. 3:22; 1Pt. 1:22) and "meat," (Heb. 5:12-14) what is said to "nourish" the souls of believers, and believing it is how the lost obtain life in themselves. (1 Timothy 4:6; Acts 15:7-9; cf. Psalms 19:7) In contrast, nowhere in the record of the NT church is the Lord's supper described as spiritual food, and the means of obtaining spiritual life in oneself.

Rather than being manifest as the paramount life-giving priestly practice of the NT church, apart from reference to the "feast of charity," (Jude 1:12) the Lord's supper is only manifestly described in one letter to the churches (statements such as "And they, continuing daily with one accord in the temple, and breaking bread from house to house, did eat their meat with gladness and singleness of heart" (Acts 2:46; cf. Acts 2:42; 20:7,11 are not clearly referring to the Lord's supper), and in which communion of the body and blood of Christ refers to the church as "one bread" having fellowship with Christ, whose sacrificially death they are remembering and showing, like as pagans have fellowship with the object of their dedicatory feasts. Which believers are thus warned against, but in both cases this fellowship was not by actually consuming the physical body and blood of their respective objects of worship.

The cup of blessing which we bless, is it not the communion of the blood of Christ? The bread which we break, is it not the communion of the body of Christ? For we being many are one bread, and one body: for we are all partakers of that one bread. Behold Israel after the flesh: are not they which eat of the sacrifices partakers of the altar? What say I then? that the idol is any thing, or that which is offered in sacrifice to idols is any thing? But I say, that the things which the Gentiles sacrifice, they sacrifice to devils, and not to God: and I would not that ye should have fellowship with devils. (1 Corinthians 10:16-20)

And in the next chapter the church is the body of Christ which is not being recognized as such due to Corinthians selfishly eating separately and to the full, while ignoring others, and thus "shame them which have not," completely contrary to the sacrificial love of Christ shown by His death by which He purchased the, and which is what they were supposed to be remembering and thus showing.

When ye come together therefore into one place, this is not to eat the Lord's supper. For in eating every one taketh before other his own supper: and one is hungry, and another is drunken. What? have ye not houses to eat and to drink in? or despise ye the church of God, and shame them that have not? What shall I say to you? shall I praise you in this? I praise you not...For as often as ye eat this bread, and drink this cup, ye do shew the Lord's death till he come...he that eateth and drinketh unworthily, eateth and drinketh damnation to himself, not discerning the Lord's body. (1 Corinthians 11:20-22,26,29)

This hypocritical treatment of believers for whom Christ died being the problem, the solution was,

Wherefore, my brethren, when ye come together to eat, tarry one for another. And if any man hunger, let him eat at home; that ye come not together unto condemnation. And the rest will I set in order when I come. (1 Corinthians 11:33-34)

More here , by the grace of God.