Original sentence: Although this was the orthodox macroeconomic presciption at the time, the resulting stagflation suprised economists and central bankers, and the policy is now considered by some to have deepened and lengthened the adverse effects of the embargo.The Soviet economy had stagnated for several years and the increase in the price of oil had a beneficial effect, especially after the bloc's internal terms of trade were adjusted to reflect the increased value of Russian oil.The western nations' central banks decided to sharply cut rates to encourage growth, deciding that inflation was a secondary concern
Edited sentence: In retrospect this is considered an unfortunate decision that deepened and lengthened the adverse effects of the embargo.The Soviet economy had stagnated for several years and the increase in the price of oil had an immediate and beneficial effect.The national banks of the western nations decided to sharply cut rates to encourage growth, deciding that inflation was a secondary concern