The more pertinent question is how you and others look at the verses in question and interpret them according to a view that didn't exist until the 16th century. The question is, why do you not interpret them the way the earliest Christians did and the way they were interpreted for 1000 years, to 1500 years? It is very clear that the NT churches did not teach a Satisfaction or PSA view of the atonement. So, one is compelled to ask, where did these come from and why? Anselm's position arose as a reflection of the times -- the society and culture, which was feudalistic. And PSA arose because the holders of it saw God in a legalist way -- a stern judge and the fate of man decided in a courtroom. This is NOT the way the NT churches, the early churches, or the churches until Anselm and Calvin interpreted those verses in question.
So, if you don't hold to the original interpretation, the burden is on you to explain why. What gives anyone the right to completely and drastically change the obvious teaching of the NT churches and the churches of the first millennium on this?
Oh, about "propitiation". The word should be "expiation".
If anyone wants to know how the early churches and Christians believed and why, and how they interpreted the relevant verses, let them study, and I means seriously study, as I have done passionately for 40 years. And then let them ask themselves this crucial question: Who has the right to so drastically change such a central doctrine into something unknown and untaught for 1500 years, something that would have been completely unbelievable and even abhorrent to the early churches. Satisfaction, the RCC version, and PSA, the Protestant version, are false gospels. It is surely one of the ironies of history that the RCC and Evangelical Protestant views of the atonement are close cousins. And this is not the only views that the two have in common. Original sin is another, and that is derived from Augustine. But I won't get into that now.