On the face of it, this is ridiculous: Venezuela's runaway inflation has nothing to do with the United States, Europe, Google, or Mozilla.
But it's not like this hasn't worked before.
Under normal economic conditions, inflation is driven by both (a) economic fundamentals, and (b) expectations about inflation in the future. You can fix the former problem by removing price controls, selling debt onto the open market and burning the resulting money, or fiddling with your foreign reserves. Under exceptional circumstances, however, inflation is mostly about expectations about inflation: because you believe that your money will be worth less in the future, you'll spend it now, resulting in an escalating bidding war for all goods on the market.
You can fix this by lying.
In the early 1990s, Brazil had suffered almost two decades of crippling inflation. Expectations were that the government was helpless to stop it, and that absolutely nothing could be done. Which meant that, in practice, nothing could be done: every lever that the central bank could reach had been pulled, leaving the government helpless to treat the problem, even by exceptional means.
So the government abandoned the cruzeiro and adopted the CRV, a unit of "real value." Unfortunately, as any economist will tell you, there is no "unit of real value.*" The only measure of value is what people will pay. But the CRV worked nonetheless.
Here's the catch: the Brazilian government didn't print any CRVs. They just required prices to be printed in CRVs, and posted a CRV-to-cruzeiro exchange rate. And so, when people went to the store, they just paid in cruzeiros. The fundamentals of the economy were just as sound or unsound as they were before, but people saw a number -- a measure of "real value" -- which was stable, month after month.
And so inflation stopped. Not because of some bold, decisive central-bank action or leadership by the government. Because Brazilians were lied to, and everyone lived happily ever after.
Sure, Venezuela is corrupt and mismanaged and blames foreigners for self-inflicted problems. But all other issues aside, banning truthful information on the state of their currency isn't just a doomed attempt to protect its leaders' political fortunes: it's a doomed attempt to protect its leaders' political fortunes which, if successful, might actually solve the problem.