What is a truth value and how many are there? (Q1037598)

The answer to the first question of the title is, truth values are proxies for relations that hold between language and the world. The answer to the second is, there are as many as there are sets, or, better, there is a proper class of such values. To support these answers, the author draws on the Liar Paradox and the Revenge Problem, the indefinite iteration of the Strengthened Liar, to show that our language is indefinitely extensible, as then is the class of truth values its statements might take. This reveals interesting and significant connections between these so-called semantic paradoxes and the set-theoretic paradoxes.