This paper considers two deflationary responses to the Fitch argument on behalf of the semantic anti-realistthat is, two responses which aim to evade the conclusion of that argument by, on a principled basis, weakening one of the principles essentially employed. The first deflationary approach that is consideredwhich proceeds by weakening the factivity principle for knowledgeis shown to be ultimately unpromising, but a second approachwhich proceeds by weakening the knowability principle that is at the heart of semantic anti-realismis shown to have (...) considerable prima facie appeal. It is then argued that some key objections that one might raise for this approach are on closer inspection ineffective. (shrink)