Put a big pot on the stove on medium.
Pour in the olive oil. When it's hot, toss in the onions, garlic, jalapeno, and shallots and stir them around until soft.
Toss in the ground meat. Salt and pepper the ground meat in the pot.
Sautee the meat until it's good and brown.
Add the tomatoes, beans, corn, beer, broth, liquid smoke, sugar, cumin, chili powder, fennel seed, joint ashes, vinegar, and Frank's hot sauce.
Bring it to a simmer. Half cover the pot and leave it on low medium heat for 3-4 hours, stirring occasionally and always tasting.
The liquid in the pot should reduce into a nice, thick stew.
Dip in a chip to see if the chili sticks to it. If it does, it's ready to serve.
Serve with sour cream, shredded cheese, tortilla chips, scallions, and additional hot sauce.
