
1 tablespoon olive oil
1 medium yellow onion, diced
3 cloves garlic, minced
4 medium russet potatoes, peeled and diced
4 cups beef broth
1 cup whole milk
1/2 cup heavy cream
1 teaspoon salt
1/2 teaspoon black pepper
1 teaspoon paprika
1/2 teaspoon dried thyme
1 cup shredded cheddar cheese (optional)