Two types of "inflation".

1. Austrian definition: increase in the (larger) supply of money.

This is happening and has been happening.

2. More modern price inflation definition: when the price of something goes up in nominal terms without the change in the underlying being sold.

This is also happening across the whole board: food, energy, housing, electronics, etc.

So yes, both types of inflation are true and happening as I write this.

And yes, in the USA. Real wages are also going down.

These two are not mutually exclusive.

Go to a store, compare prices, look at your living bills.

Then compare that with your salary changes in the past year.