Deflationists about truth hold that the function of the truth predicate is to enable us to make certain assertions we could not otherwise make. Pragmatists claim that the utility of negation lies in its role in registering incompatibility. The pragmatist insight about negation has been successfully incorporated into bilateral theories of content, which take the meaning of negation to be inferentially explained in terms of the speech act of rejection. One can implement the deflationist insight in the pragmatist’s theory of content by taking the meaning of the truth predicate to be explained by its inferential relation to assertion. There are two upshots. First, a new diagnosis of the Liar, Revenges and attendant paradoxes: the paradoxes require that truth rules preserve evidence, but they only preserve commitment. Second, one straightforwardly obtains axiomatisations of several supervaluational hierarchies, answering the question of how such theories are to be naturally axiomatised. This is joint work with Luca Incurvati (Amsterdam).