The Best Chili

5 strips uncooked bacon chopped 1 large yellow onion diced (about 1 cup) 1 red pepper diced 3 cloves garlic minced (about 1 Tablespoon) 1 lb ground beef  1 Tablespoon brown sugar 1 Tablespoon chili powder² 1 Tablespoon ancho chili powder² 1 ½ teaspoons smoked paprika 1 teaspoon cumin 1 teaspoon onion powder ¾ teaspoons ground…