It is often argued that the combination of deflationism about truth and the truth-conditional theory of meaning is impossible for reasons of circularity. I distinguish, and reject, two strains of circularity argument. Arguments of the first strain hold that the combination has a circular account of the order in which one comes to know the meaning of a sentence and comes to know its truth condition. I show that these arguments fail to identify any circularity. Arguments of the second strain (...) hold that the combination has a circular explanation of the ideas or concepts of meaning and truth. I show that these arguments identify a genuine, but acceptable, circularity. (shrink)