Take what I am saying:—: I am lying.
If it is false, then what I am saying is true.
If it is true, then what I am saying is false.
The statement is simply recursive. Since it renders itself false by being true, and true by being false, it has no meaning whatsoever and is neither true nor false.
If one were to rephrase it as “This statement is false”, it is easy to see that since the statement makes no claims outside of its own trueness or falseness, there is no useful information to be obtained and thus the sentence itself is useless.
If, on the other hand, one were to say: “I have two carrots in my hand and this statement is false”, one can conclude that the statement is, indeed, false, because it only requires ONE side of the AND statement to be false in order for the statement as a whole to be false.
Proof:
If the statement is true:
Then the person does have two carrots, and the statement “this statement is false” is true, which means that the statement cannot be true, resulting in a contradiction.
Therefore this statement as a whole cannot be true, because of the contradiction.
If the statement is false:
Then the person does not have two carrots, and the statement “this statement is false” is true, because the first half of the expression (“I have two carrots in my hand”) is false, resulting in no contradiction.
Therefore the statement as a whole is false.
So, you see, sense can be made of it once actual information enters the picture.