Precisely how the pla[cebo]s work should not be of as much concern to you as what they can do for you.
One of the most puzzling facts of medicine is the placebo effect: namely, that a substantial proportion of patients report feeling better after receiving a "sugar pill," or some other treatment with no known benefit for their illness. Between 30 - 60% of patients with illnesses ranging from arthritis to depression report a substantial improvement in their symptoms after receiving a placebo. It is not clear that placebo can "cure" any illness, but the power of the placebo effect in improving symptoms and reducing suffering is impressive.