Combine the flour, baking powder and salt. Add the water and knead the dough until soft. Roll the dough out on a lightly floured board until 1/4" thick. Cut out 4" rounds. Heat 1"-2" of oil in a saucepan. Fry the bread until puffed. Turn bread when edges are brown. Brown on both sides. Serve with honey or read below...
Other things to do with fry bread...
Cherokee Tacos; Make the fry bread, then Brown 1 lb of grounded turkey burger. Add 1 chopped red bell pepper and a can of yellow corn to the turkey. Add 1 package of taco seasoning and a touch of ketchup to taste. Serve on fry bread with lettuce, cheese, refried beans, tomatoes, etc.
Fry Bread Pizza; Make the fry bread, add pizza sauce, cheese and any toppings. Bake on 350F in the oven until cheese is melted.