Strange Thing about Hubble's Law

Hello Everyone. This is my first post in Brilliant. I have a question about Hubble's Law. According to it, v = Hd. But if we take into account that we are looking into the past, I fall into the following confusion.

There are two galaxies A and B at distance of 5 and 10 billion years respectively. Now, when we observe A we are looking at how it was moving 5 billion years ago. The same applies for B. So, now we conclude that 5 billion years ago space was expanding at a slower rate while it was expanding comparatively faster 10 billion years ago. What's wrong with this conclusion?

It would be a great help if anyone could make it clear.

Easy Math Editor

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Math	Appears as
Remember to wrap math in `\(` ... `\)` or `\[` ... `\]` to ensure proper formatting.
`2 \times 3`	$2 \times 3$
`2^{34}`	$2^{34}$
`a_{i-1}`	$a_{i-1}$
`\frac{2}{3}`	$\frac{2}{3}$
`\sqrt{2}`	$\sqrt{2}$
`\sum_{i=1}^3`	$\sum_{i=1}^3$
`\sin \theta`	$\sin \theta$
`\boxed{123}`	$\boxed{123}$