The placebo effect isnt bad, lying about the effects (homeopathy) charging much more than the cure is worth (homeopathy), and outright selling poison to people (homeopathy) is not ok.
https://www.forbes.com/sites/brucelee/2017/01/28/fda-toxic-b...
And what is the cure worth? How do you measure that?
In other words the lie is integral to the working of the placebo. This is the whole source of the issue.