Do they pay the fines with real money or just invent some like loans to repay
... i've always wondered that.
What bugs me most is that we don't know where exactly those fines are paid to and how are they going to fix any of potential the problems the banks caused by the price manipulations.
The fines are paid to the governments to levied them. The money is not intended to fix any problems caused by the banks as is true for all other fines that are levied by the government.
Banks make that kind of money back in about five seconds, best thing to do would be to hit them with a fine so hard they'd think twice about doing it again if it nearly bankrupts them.
I bet they pass the fine onto their customers in the form of rates. It really does nothing. I don't understand how we are held hostage to institutions like this nowadays. People don't think for themselves and believe all the bullshit and lies that banks and politicians tell them.
That actually true, they do pass it on to customers, I remember reading a story awhile back about how they'd tweak the exchange rates randomly at times so that they could make an extra few million just because, it also reminds me of when Ben Bernanke practically threatened America by saying that, well I'll get the video.
https://www.youtube.com/watch?v=EHNuxBwpBpQ - He talks about how it would collapse the dollar if the fed was audited at around 1:37 so basically they have such a strangehold on the economy that the government couldn't even really do anything even if it wanted to because they'd end up taking the blame from stupid people that they caused the collapse.