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The book is rich in complex arguments requiring careful study, whether you are a realist or a deflationist.
This is not to say the deflationists predictions will necessarily turn out to be in incorrect.
He suggests that it does not characterize the notion of truth, which he thinks has deflationist properties.
Clearly this solution falls back into problems that lead deflationists to avoid (ES) in the first place.
61) Speech-act theories also include deflationist and disquotational accounts such as Patterson's account for law.
If the deflationists should lose the derivation game, we would perhaps do best to conclude that truth is analogous to goodness as Moore conceived it.
Breaking the deadlock between them and finding a compromise that falls short of a formal definition but that explains and justifies 'our correspondence intuitions', while allowing us to 'make generalizations about the nature of truth beyond what the deflationists claim,' requires changing our fundamental metaphor for truth (177).
Truth, say the deflationists, is not deep or substantial, and so no traditional philosophical analysis should be sought for it.
The metaphysics of ordinary objects has come under attack from metaontological deflationists who argue that answers to ontological questions are not metaphysically substantive--"substantive" in the sense that answers to these questions are best given, not by interesting reflection on the nature of reality, but through reflection on our language and concepts.
Deflationists have missed, I think, one of the main reasons why it is.
This difference used to be very easy to delineate, with deflationists denying, and inflationists asserting, that truth is a property, but more recently the debate has become more complicated, owing primarily to the fact that many contemporary deflationists often do allow for truth to be considered a property.