Chocolate Frosted Raised Donuts (with, um, crunchy kettle potato chips.)

INGREDIENTS

1 1/2 cups

milk (whole or 2% is best)

1/3 cup

water

1/3 cup

unsalted butter

1 tbsp

honey

packages active dry yeast (4 1/2 teaspoons)

large eggs, lightly beaten

1/4 cup

sugar

1 tsp

salt

1 tsp

freshly grated nutmeg

5 cups

all-purpose flour, plus more for dusting

oil for frying

chocolate frosting

4 tbsp

unsalted butter

2 tsp

vanilla extract

1 tsp

light corn syrup

1/4 cup

milk

3 oz

milk chocolate, chopped

1 cup

powdered sugar

1 cup

kettle cooked potato chips, crushed