The Pinocchio Paradox

We all know the character which when he lies his nose starts to grow. Well, now, Pinocchio by saying the sentence: ,,My nose will grow now", he creates a paradox. If his nose doesn't start to grow that means that he is lying and that means that his nose will starts to grow. Now, if his nose starts to grow, that means that he is not lying because his statement(my nose will grow now) is true and since he is not lying his nose won't grow, but if his nose does'n grow means that he is lying and if he is lying.............. we got all that in unended loop. Not very beneficial thing, but an interesting one to think about when you are bored.